Petsmart Charities Inc

Analysis

Petsmart Charities Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1995, 31 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 January 2024, Petsmart Charities Inc reported income of $61.9m and spending of $60.4m, spending 98% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $60.0m to $61.9m (+3.2%), an average of +0.8% a year. The sharpest change came in the year to January 2022, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Petsmart Charities Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Denver Zoological Foundation Inc ($61.8m), Friends of the Zoo Inc of Kansas City Mo ($62.5m) and Aquarium of the Pacific ($57.0m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 89% and program service revenue 0.2% of the total. At year end it held assets of $81.2m against liabilities of $3.7m, net assets of $77.5m.