Paws Vet Care Center Inc

Analysis

Paws Vet Care Center Inc is a registered charity in United States, based in Port Richey, FL. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 2023, Paws Vet Care Center Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $764k to $1.1m (+46%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 102% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Paws Vet Care Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include K-9 Angels Rescue ($1.1m), Humane Society of Pensacola Inc ($1.1m) and Pet Connectors Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $56k (5.0% of expenses). Other salaries and wages came to $424k. At year end it held assets of $76k against liabilities of $150k, net assets of -$74k. It reported 25 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.