Purrfect Pals

Analysis

Purrfect Pals is a registered charity in United States, based in Arlington, WA. It received its IRS tax-exemption ruling in March 1991, 35 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, Purrfect Pals reported income of $3.0m and spending of $1.7m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.0m (+126%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 161%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Purrfect Pals sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Equal Rights Advocates Inc ($3.0m), Boys & Girls Club of the Colorado River Inc ($3.0m) and Big Brothers Big Sisters of Kentuckiana Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $70k (4.1% of expenses). Other salaries and wages came to $649k. At year end it held assets of $3.8m against liabilities of $462k, net assets of $3.3m. It reported 37 employees.