Putnam Service Dogs Inc

Analysis

Putnam Service Dogs Inc is a registered charity in United States, based in Brewster, NY. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 October 2023, Putnam Service Dogs Inc reported income of $244k and spending of $252k, spending 104% of its income. Across the 3 years on record, from October 2021 to October 2023, income grew from $206k to $244k (+18%), an average of +8.8% a year. The sharpest change came in the year to October 2022, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Putnam Service Dogs Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Umbrella of the Capital District Inc ($244k), Stevensville Pantry Partners Food Bank ($244k) and Heart of Georgia DD Ministries Inc ($244k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 97% and program service revenue 1.8% of the total. At year end it held assets of $171k against liabilities of $83k, net assets of $89k.