Pets in Need

Analysis

Pets in Need is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in May 1967, 59 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 April 2023, Pets in Need reported income of $5.8m and spending of $6.5m, spending 112% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $4.3m to $5.8m (+35%), an average of +7.8% a year. The sharpest change came in the year to April 2020, when income rose by 89%. Over the whole period it spent 96% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Pets in Need sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Humane Animal Welfare Society of Waukesha County Inc ($5.8m), Halifax Humane Society Inc ($5.8m) and Humane Society of San Antonio ($5.8m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 75% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $294k (4.5% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $15.2m against liabilities of $564k, net assets of $14.6m. It reported 63 employees.