Petsconnect Incorporated

Analysis

Petsconnect Incorporated is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in March 2021, 5 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, Petsconnect Incorporated reported income of $118k and spending of $15k, leaving 88% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $118k (+275%), an average of +275% a year. The sharpest change came in the year to December 2023, when income rose by 275%. Over the whole period it spent 24% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Petsconnect Incorporated sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Furry Friends Rescue ($118k), Kauai Animal Education Farm ($118k) and Prince William Humane Society ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.2% of the total. At year end it held assets of $287k against liabilities of $0, net assets of $287k.