Project Street Vet

Analysis

Project Street Vet is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in September 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, Project Street Vet reported income of $1.9m and spending of $676k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $489k to $1.9m (+281%), an average of +281% a year. The sharpest change came in the year to December 2023, when income rose by 281%. Over the whole period it spent 44% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Project Street Vet sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NM. Charities of a similar size with the same main cause include Street Dog Coalition ($1.9m), Humane Society of Western Montana ($1.9m) and New York Bully Crew ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (3.5% of expenses). Other salaries and wages came to $132k. At year end it held assets of $1.6m against liabilities of $54k, net assets of $1.6m. It reported 3 employees.