Pawsibilities Vet Med

Analysis

Pawsibilities Vet Med is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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, Pawsibilities Vet Med reported income of $146k and spending of $125k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $146k (+121%), an average of +121% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pawsibilities Vet Med 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 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Reunion Sportive D Haiti Inc ($146k), J-Hawk Aquatic Club ($146k) and Lillie B Gould Perpetual Charitable TR ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $20k against liabilities of $471, net assets of $20k.