Pets Low Cost Spay and Neuter Clinic

Analysis

Pets Low Cost Spay and Neuter Clinic is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pets Low Cost Spay and Neuter Clinic reported income of $4.8m and spending of $5.5m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $4.8m (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 92% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Pets Low Cost Spay and Neuter Clinic sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Save the Manatee Club Inc ($4.8m), The White Coat Waste Project Inc ($4.8m) and Asheville Humane Society Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $4.5m against liabilities of $188k, net assets of $4.3m. It reported 146 employees.