Petvet Relief

Analysis

Petvet Relief is a registered charity in United States, based in Grand Prairie, TX. It received its IRS tax-exemption ruling in September 2022, 4 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, Petvet Relief reported income of $111k and spending of $133k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $498k to $111k (-78%), an average of -78% a year. The sharpest change came in the year to December 2023, when income dropped by 78%. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Petvet Relief sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Dakota Zoological Society Endowment Fund Inc ($111k), Happy Hooves Therapeutic Farm Inc ($111k) and Adopt a Doggie ($111k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $21k (16% of expenses). Other salaries and wages came to $37k. At year end it held assets of $0 against liabilities of $0, net assets of $0.