Pet Food Institute
Pet Food Institute shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 200055176 · Washington, DC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.6M |
| Total Expenses | $5.0M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $2.3M |
| Transparency Score | 85/100 |
Is Pet Food Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pet Food Institute directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pet Food Institute
Pet Food Institute (EIN: 200055176) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. The organization reported total revenue of $5.6M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pet Food Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pet Food Institute is a mid-size nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $5.0M |
| Surplus / Deficit | +$29K |
| Total Assets | $4.0M |
| Total Liabilities | $1.6M |
| Net Assets | $2.3M |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 40.8% |
| Months of Reserves | 9.4 months |
Financial Health Grade: A
In 2023, Pet Food Institute reported a surplus of $29K with revenue exceeding expenses, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 40.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Pet Food Institute's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.7% | +7.8% | -4.6% |
| 2022 | +7.1% | +4.4% | +36.2% |
| 2021 | +4.2% | +15.7% | -3.9% |
| 2020 | -4.1% | -5.9% | +17.4% |
| 2019 | +6.1% | -0.7% | +29.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pet Food Institute with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Pet Food Institute allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $29K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.8%.
Executive Compensation Analysis
The Pet Food Institute consistently reports 0% officer compensation across all provided filing periods, which is highly unusual for an organization with over $5 million in annual revenue. This suggests that executive leadership may be compensated through other mechanisms not categorized as 'officer compensation' or that the organization relies heavily on volunteer leadership or staff compensated under different categories.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Pet Food Institute's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated.
Strengths
The following positive indicators were identified for Pet Food Institute:
- Consistent revenue growth, from $3,436,880 in 2014 to $5,072,529 in 2023.
- Steady asset accumulation, increasing from $2,030,231 in 2014 to $3,952,875 in 2023.
- Generally positive net income (revenue exceeding expenses) in most years, indicating financial stability.
- Strong filing history with 14 IRS 990s, indicating good transparency and compliance.
Frequently Asked Questions about Pet Food Institute
Is Pet Food Institute a legitimate charity?
Pet Food Institute (EIN: 200055176) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $5.6M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Pet Food Institute spend its money?
Pet Food Institute directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Pet Food Institute tax-deductible?
Pet Food Institute is registered as a tax-exempt nonprofit (EIN: 200055176). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pet Food Institute CEO make?
Pet Food Institute's highest-compensated officer earns $5 annually. The organization reported $5.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pet Food Institute's spending goes to programs?
Pet Food Institute directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pet Food Institute compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pet Food Institute is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pet Food Institute located?
Pet Food Institute is headquartered in Washington, Washington DC and files with the IRS under EIN 200055176. It is classified under NTEE code S41.
How many years of IRS 990 filings does Pet Food Institute have?
Pet Food Institute has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.6M in total revenue.
How does the Pet Food Institute manage to report 0% officer compensation with over $5 million in revenue?
The consistent reporting of 0% officer compensation across all 14 filings is highly unusual for an organization of this size. It suggests that executive leadership may be compensated through other means (e.g., as employees rather than officers, or through a related entity) or that the organization operates with a unique compensation structure.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not include a detailed functional expense breakdown. To fully assess spending efficiency, one would need to examine the IRS Form 990, Part IX, Statement of Functional Expenses, to see the allocation between program services, management and general, and fundraising.
What are the primary sources of revenue for the Pet Food Institute?
While the total revenue is provided, the specific breakdown of revenue sources (e.g., membership dues, contributions, program service revenue) is not available in the provided summary. This information would typically be found in Part VIII of the IRS Form 990.
Filing History
IRS 990 filing history for Pet Food Institute showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Pet Food Institute's revenue has grown by 62.4%, moving from $3.1M to $5.1M. Total assets increased by 158.7% over the same period, from $1.5M to $4.0M. Total functional expenses rose by 75.8%, from $2.9M to $5.0M. In its most recent filing year (2023), Pet Food Institute reported a surplus of $29K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $4.0M in assets (debt-to-asset ratio: 40.8%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $5.0M | $4.0M | $1.6M | — | — |
| 2022 | $4.8M | $4.7M | $4.1M | $1.9M | — | View 990 |
| 2021 | $4.4M | $4.5M | $3.0M | $763K | — | View 990 |
| 2020 | $4.3M | $3.9M | $3.2M | $845K | — | View 990 |
| 2019 | $4.4M | $4.1M | $2.7M | $764K | — | — |
| 2018 | $4.2M | $4.1M | $2.1M | $485K | — | View 990 |
| 2017 | $4.2M | $4.0M | $2.1M | $511K | — | — |
| 2016 | $4.1M | $3.8M | $1.8M | $474K | — | View 990 |
| 2015 | $3.3M | $3.7M | $1.6M | $614K | — | View 990 |
| 2014 | $3.4M | $3.5M | $2.0M | $589K | — | View 990 |
| 2013 | $3.2M | $3.2M | $2.1M | $565K | — | View 990 |
| 2012 | $3.2M | $3.3M | $1.9M | $379K | — | View 990 |
| 2011 | $3.2M | $3.1M | $1.6M | $35K | — | View 990 |
| 2010 | $3.1M | $2.9M | $1.5M | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $5.0M, and assets of $4.0M (revenue +6.7% year-over-year).
- 2022: Revenue of $4.8M, expenses of $4.7M, and assets of $4.1M (revenue +7.1% year-over-year).
- 2021: Revenue of $4.4M, expenses of $4.5M, and assets of $3.0M (revenue +4.2% year-over-year).
- 2020: Revenue of $4.3M, expenses of $3.9M, and assets of $3.2M (revenue -4.1% year-over-year).
- 2019: Revenue of $4.4M, expenses of $4.1M, and assets of $2.7M (revenue +6.1% year-over-year).
- 2018: Revenue of $4.2M, expenses of $4.1M, and assets of $2.1M (revenue -0.4% year-over-year).
- 2017: Revenue of $4.2M, expenses of $4.0M, and assets of $2.1M (revenue +2.9% year-over-year).
- 2016: Revenue of $4.1M, expenses of $3.8M, and assets of $1.8M (revenue +25.6% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.7M, and assets of $1.6M (revenue -5.3% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.5M, and assets of $2.0M (revenue +8.4% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.2M, and assets of $2.1M (revenue -1.5% year-over-year).
- 2012: Revenue of $3.2M, expenses of $3.3M, and assets of $1.9M (revenue -0.1% year-over-year).
- 2011: Revenue of $3.2M, expenses of $3.1M, and assets of $1.6M (revenue +3.2% year-over-year).
- 2010: Revenue of $3.1M, expenses of $2.9M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pet Food Institute:
Data Sources and Methodology
This transparency report for Pet Food Institute is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.