Petsmart Charities Inc
- Assets
- $81.2m
- Revenue
- $61.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 03/1995
- Data as of
- 01/2024
- EIN
- 93-1140967
Organization Overview
Petsmart Charities Inc is located in Phoenix, AZ. The organization was established in 1995. According to its NTEE Classification (D12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Petsmart Charities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 01/2024, Petsmart Charities Inc generated $61.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $60.4m during the year ending 01/2024. While expenses have increased by 2.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Petsmart Charities Inc has awarded 7,167 individual grants totaling $391,559,620. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PETSMART CHARITIES, INC. (PCI) IS A NONPROFIT ANIMAL WELFARE ORGANIZATION THAT ENVISIONS A WORLD WHERE COMMUNITIES UNITE IN SUPPORT OF PETS TOGETHER WITH THEIR FAMILIES. FOUNDED IN 1994, THE ORGANIZATION'S MISSION IS TO MAKE THE WORLD A BETTER PLACE BY INVESTING IN COMMUNITY PARTNERS THAT ADVOCATE AND CARE FOR THE WELL-BEING OF PETS AND ALL WHO LOVE THEM. PETSMART CHARITIES GRANTS MORE MONEY TO DIRECTLY HELP PETS IN NEED THAN ANY OTHER ANIMAL WELFARE GROUP IN NORTH AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONNECTING PEOPLE & PETS BY CREATING FAMILIES THROUGH ADOPTION PROGRAMS. WHETHER IT'S THROUGH OUR IN-STORE ADOPTION CENTERS, NATIONAL ADOPTION WEEK, OR OUR ONLINE SEARCH TOOL, WE HELP PETS IN NEED FIND LOVING FAMILIES TO CALL THEIR OWN. IN 2023, WE PARTNERED WITH OVER 2,000 ANIMAL WELFARE GROUPS ACROSS THE UNITED STATES TO HELP 370,000 PETS FIND HOMES THROUGH OUR IN-STORE ADOPTION PROGRAM IN OVER 1,500 PETSMART STORES. WE ALSO CELEBRATED OUR 10 MILLIONTH ADOPTION IN 2022! WE ALSO SUPPORTED THE TRANSPORT OF 48,000 PETS TO AREAS WHERE THEY HAD A BETTER CHANCE OF BEING ADOPTED.
SUPPORTING PETS & PEOPLE BY KEEPING FAMILIES TOGETHER: WE SUPPORT PETS AND THEIR FAMILIES THROUGH PROGRAMS THAT WORK TO MAKE VETERINARY CARE MORE ACCESSIBLE, HELP BATTLE FOOD INSECURITY, AND PROVIDE DISASTER RESPONSE IN TIMES OF NEED. IN 2023, WE PARTNERED WITH HUMAN SERVICES AGENCIES TO DONATE OVER $10M IN PET FOOD (39 MILLION MEALS) TO SUPPORT THOSE FACING PET FOOD INSECURITY. WE INVESTED $13.6M IN GRANTS TO FUND PROGRAMS THAT SUPPORT ACCESSIBLE VETERINARY MEDICINE MODELS THAT BRING MORE AFFORDABLE VET CARE INTO COMMUNITIES. WE ALSO GRANTED OVER $750K TO SUPPORT DISASTER RESPONSE DURING 11 MAJOR NATURAL DISASTERS TO HELP AN ESTIMATED 35,000 PETS STAY WITH THEIR FAMILIES DURING TIMES OF CRISIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jk Symancyk Chair | Trustee | 2 | $0 |
Neal Litvack Vice-Chair | Trustee | 2 | $0 |
Ben Jacobs Director | Trustee | 2 | $0 |
Cherise Ordlock Director | Trustee | 2 | $0 |
Dawn Willoughby Director | Trustee | 2 | $0 |
Debo Mukherjee Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Petsmart Llc Management Services | 1/27/24 | $5,863,431 |
Shelterbuddy International Inc Software Development | 1/27/24 | $695,000 |
Lane Terralever Llc Pr & Marketing Services | 1/27/24 | $468,158 |
Carmichael Lynch Inc Pr & Marketing Services | 1/27/24 | $376,909 |
Meta Platforms Inc Advertising | 1/27/24 | $306,796 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $121,187 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,938,883 |
| Noncash contributions included in lines 1a–1f | $8,331,848 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,060,070 |
| Total Program Service Revenue | $95,000 |
| Investment income | $1,286,597 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $5,211,683 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $231,359 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $61,884,709 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $44,241,185 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $5,863,431 |
| Fees for services: Legal | $9,095 |
| Fees for services: Accounting | $47,548 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $213,124 |
| Fees for services: Other | $1,489,264 |
| Advertising and promotion | $2,116,199 |
| Office expenses | $1,232,345 |
| Information technology | $1,172,135 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $302,614 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $182,469 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $163,945 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $60,392,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,532,448 |
| Savings and temporary cash investments | $73,958 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,348,714 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $273,644 |
| Net Land, buildings, and equipment | $391,224 |
| Investments—publicly traded securities | $51,624,582 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $81,244,570 |
| Accounts payable and accrued expenses | $3,171,741 |
| Grants payable | $557,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,728,741 |
| Net assets without donor restrictions | $76,221,335 |
| Net assets with donor restrictions | $1,294,494 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $81,244,570 |
Grants Awarded
Over the last fiscal year, Petsmart Charities Inc has awarded $42,893,934 in support to 400 organizations.
| Grant Recipient | Amount |
|---|---|
FEEDING AMERICA PURPOSE: PET FOOD | $10,539,964 |
GREATER GOOD CHARITIES PURPOSE: PET SUPPLIES, TRANSPORT, DISASTER RESPONSE | $5,191,135 |
MEALS ON WHEELS AMERICA PURPOSE: ACCESS TO CARE, PET FOOD INSECURITY | $1,000,000 |
EMANCIPET PURPOSE: ACCESS TO CARE | $1,463,367 |
UNITED ANIMAL NATIONS PURPOSE: PRESERVING FAMILIES | $750,000 |
COLORADO STATE UNIVERSITY PURPOSE: ACCESS TO CARE | $547,872 |