Peggy Adams Animal Rescue League of the Palm Beaches Inc

Analysis

Peggy Adams Animal Rescue League of the Palm Beaches Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in July 1949, 77 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 2023, Peggy Adams Animal Rescue League of the Palm Beaches Inc reported income of $11.7m and spending of $13.7m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.0m to $11.7m (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Peggy Adams Animal Rescue League of the Palm Beaches Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Anicira Veterinary Center ($11.7m), The Animal Foundation ($11.7m) and Sacramento Society for the Prevention of Cruelty to Animals ($11.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $439k (3.2% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $130.3m against liabilities of $687k, net assets of $129.6m. It reported 174 employees.