Canines for Service Inc

Analysis

Canines for Service Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Canines for Service Inc reported income of $860k and spending of $1.1m, spending 130% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income grew from $669k to $860k (+29%), an average of +5.2% a year. The sharpest change came in the year to June 2023, when income rose by 74%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Canines for Service Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Fairways for Warriors Inc ($860k), Just Friends Inc ($860k) and Operation Outreach ($860k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $93k (8.3% of expenses). Other salaries and wages came to $552k. At year end it held assets of $1.3m against liabilities of $360k, net assets of $984k. It reported 18 employees.