Friends of Pets

Analysis

Friends of Pets is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in April 1994, 32 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, Friends of Pets reported income of $335k and spending of $389k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $338k to $335k (-0.7%), an average of -0.2% a year. Over the whole period it spent 92% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Pets sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 59th percentile within AK. Charities of a similar size with the same main cause include Happy Faces Pet Ranch ($335k), 3 Sisters Equine Rescue ($335k) and Alljoy 4 Paws ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 3.0% of the total. At year end it held assets of $1.5m against liabilities of $33k, net assets of $1.5m.