Panhandle Parade of Breeds Inc

Analysis

Panhandle Parade of Breeds Inc is a registered charity in United States, based in Plainview, TX. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Panhandle Parade of Breeds Inc reported income of $81k and spending of $68k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $81k (-6.5%), an average of -6.5% a year. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Panhandle Parade of Breeds Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Transformation Strategies ($81k), Rotary Club of Dickson County Inc ($81k) and Temple Ministries Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.