Tails of Valor Paws of Honor Program Inc

Analysis

Tails of Valor Paws of Honor Program Inc is a registered charity in United States, based in Quakertown, PA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Tails of Valor Paws of Honor Program Inc reported income of $627k and spending of $453k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $433k to $627k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tails of Valor Paws of Honor Program Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include The Jimmy a Payne Foundation ($627k), Kambly Living Center ($628k) and Santa Rosa Historical Society Inc ($627k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $139k. At year end it held assets of $1.3m against liabilities of $474k, net assets of $810k. It reported 12 employees.