Palmetto Animal League

Analysis

Palmetto Animal League is a registered charity in United States, based in Ridgeland, SC. It received its IRS tax-exemption ruling in May 1983, 43 years ago. 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 December 2022, Palmetto Animal League reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.3m to $1.6m (+25%), an average of +7.8% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Palmetto Animal League sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include Navy-Marine Corps Regional Training Center ($1.6m), Sarah Frye Home ($1.6m) and Marcellus Ambulance Volunteer Emergency Services Inc ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 43% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $79k (5.0% of expenses). Other salaries and wages came to $635k. At year end it held assets of $1.5m against liabilities of $153k, net assets of $1.3m. It reported 46 employees.