Society for the Prevention of Cruelty to Animals of Polk Co TX
Analysis
Society for the Prevention of Cruelty to Animals of Polk Co TX is a registered charity in United States, based in Livingston, TX. It received its IRS tax-exemption ruling in June 1980, 46 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, Society for the Prevention of Cruelty to Animals of Polk Co TX reported income of $322k and spending of $346k, spending 107% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $277k to $322k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2019, when income rose by 169%. Over the whole period it spent 81% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for the Prevention of Cruelty to Animals of Polk Co TX sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Rockbridge Area Housing Corporation ($322k), Boa Editions Ltd ($322k) and Jerusalem Township Volunteer Fire Department Inc ($322k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 67% and program service revenue 32% of the total. Other salaries and wages came to $116k. At year end it held assets of $820k against liabilities of $47k, net assets of $773k. It reported 34 employees.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Program services 32%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rockbridge Area Housing Corporation | Lexington | $322k |
| Boa Editions Ltd | Rochester | $322k |
| Jerusalem Township Volunteer Fire Department Inc | Mocksville | $322k |
| Virtus Et Veritas Ministries | Omaha | $322k |