Pet Pal Rescue Inc

Analysis

Pet Pal Rescue Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in January 1990, 36 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 2023, Pet Pal Rescue Inc reported income of $3.0m and spending of $3.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.0m (+8.2%), an average of +2.0% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pet Pal Rescue Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Vigorous Interventions in Ongoing Natural Settings Inc ($3.0m), International Union of Operating Engineers 147 Apprenticeships Fund ($3.0m) and Rising for Justice Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $107k (3.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.4m against liabilities of $16k, net assets of $1.4m. It reported 48 employees.