Therapy Paws

Analysis

Therapy Paws is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in February 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, Therapy Paws reported income of $96k and spending of $76k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $96k (+79%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 74% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Therapy Paws sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within MO. Charities of a similar size with the same main cause include Friendly Fields Farm ($96k), Dakotas Dream Animal Rescue ($96k) and Feral Cat Helpers Inc ($95k).

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 $38k against liabilities of $0, net assets of $38k.