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Passes our checks

Petco Love

EIN 33-0845930 · San Antonio, TX

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood77 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO RAISE THE QUALITY OF LIFE FOR PETS AND PEOPLE WHO LOVE AND NEED THEM.

Income
$34.2 million
Spending
$35.6 million
Spent on programs
91%
Reserves
7.1 months of spending
Largest source of income
donations and private grants, 93%
Employees
0
Volunteers
50

Source: Form 990 for the year ending May 3, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 77 out of 100. Higher than 33% of charities in its peer group (philanthropy, $10m to $100m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.1 months of spending.

  • Debt

    16 of 20

    It owes 16% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 4% of income.

  • Income trend

    10 of 15

    Income fell 5% on the year before.

  • Spending floor

    15 of 15

    91% of spending went to programs and raising each dollar of donations cost 6 cents.

Source: Form 990 for the year ending May 3, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 37% of charities in its peer group (philanthropy, $10m to $100m).

  • Independent board

    25 of 25

    14 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending May 3, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $17.9 million spent. PETCO LOVE IS A LIFE-CHANGING NONPROFIT ORGANIZATION THAT MAKES COMMUNITIES AND PET FAMILIES CLOSER, STRONGER, AND HEALTHIER. PETCO LOVE'S MISSION IS TO END PREVENTABLE EUTHANASIA OF SHELTER PETS; INCREASE ACCESS TO VETERINARY CARE AND REUNITE LOST PETS WITH THE FAMILIES THAT LOVE THEM. PETCO LOVE ACCOMPLISHES THESE GOALS BY EMPOWERING ORGANIZATIONS THROUGH GRANT INVESTMENTS THAT MAKE THE MOST IMPACT AND BY CREATING NATIONAL SOLUTIONS TO ADDRESS COMMUNITY NEEDS IMPACTING THE WELFARE OF ANIMALS. SAVING PET LIVES: PETCO LOVE ADOPT WORKS TO SAVE SHELTER PETS IN PARTNERSHIP WITH ANIMAL WELFARE ORGANIZATIONS ACROSS THE COUNTRY. PETCO LOVE PARTNERS WITH THESE ORGANIZATIONS TO PROMOTE PET ADOPTION, FOSTERING AND OTHER LIFESAVING ACTIVITIES AND FURTHER EMPOWERS THESE ORGANIZATIONS WITH GRANT INVESTMENTS. PETCO LOVE'S GRANT INVESTMENTS SUPPORT ORGANIZATIONS THAT ARE THE MOST PRODUCTIVE AND EFFECTIVE IN ACCOMPLISHING THEIR MISSION AS DETERMINED THROUGH A DECISION MODEL DESIGNED TO EVALUATE AND ASSESS ORGANIZATIONS ALONGSIDE THEIR PEERS. PETCO LOVE SUPPORTS LARGE SCALE ADOPTION EVENTS TO INCREASE PET ADOPTION AND BUILD COMMUNITY SUPPORT AND TRANSPORT PROGRAMS THAT MOVE PETS TO AREAS OF THE COUNTRY WITH LESS SHELTER PETS AND MORE POTENTIAL ADOPTERS. PETCO LOVE ALSO PARTNERS WITH PETCO ANIMAL SUPPLIES TO PROVIDE ANIMAL WELFARE ORGANIZATIONS WITH SPACE AND A VENUE IN PETCO PET CARE CENTERS TO SHOWCASE THE WONDERFUL ADOPTABLE PETS TO POTENTIAL ADOPTERS. PETCO LOVE ALSO SUPPORTS ORGANIZATIONS SAVING SHELTER PETS AND TRAINING THEM AS "HELPING HEROES" TO OTHERS AS SERVICE AND THERAPY ANIMALS. AS PART OF ITS LIFESAVING WORK, PETCO LOVE ALSO RESPONDS TO DISASTERS LIKE FIRES, FLOODS, EARTHQUAKES, HURRICANES AND OTHER NATURAL DISASTERS, PROVIDING SUPPORT IN PREPARATION, DURING AND AFTER DISASTERS WITH PRODUCTS AND GRANTS TO CARE FOR PETS AND REBUILD FROM DESTRUCTION.
  2. $8.3 million spent. ACCESS TO CARE: PETCO LOVE CARE SUPPORTS ACCESS TO BETTER PET HEALTH BY FACILITATING ACCESS TO AFFORDABLE PET CARE, FREE PET VACCINES, CANCER RESOURCES, AND OTHER VETERINARY SUPPORT. PETCO LOVE PROVIDES GRANT INVESTMENTS TO A VARIETY OF ORGANIZATIONS TO ASSIST PET PARENTS IN CARING FOR PETS IN NEED BY PROVIDING VETERINARY CARE (INCLUDING WELLNESS CARE), SPAY/NEUTER SERVICES, EMERGENCY AND OTHER MEDICAL CARE, VACCINES AND OTHER PET CARE NEEDS. IN 2021, PETCO LOVE LAUNCHED ITS VACCINATED AND LOVE CAMPAIGN TO WORK WITH ITS PARTNERS NATIONWIDE TO PROVIDE FREE VACCINES TO PETS IN NEED. THIS CAMPAIGN IS DESIGNED TO ENSURE THAT PETS DO NOT SUFFER AND DIE NEEDLESSLY FROM PREVENTABLE DISEASES, AND TO DATE HAS PROVIDED OVER 3.4 MILLION VACCINES TO PETS IN NEED. PETCO LOVE HAS ALSO SUPPORTED PET CANCER TREATMENT, AWARENESS AND RESEARCH FOR MORE THAN TEN YEARS.
  3. $6.2 million spent. REUNITING LOST PETS: PETCO LOVE LAUNCHED PETCO LOVE LOST IN APRIL 2020, A NATIONAL LOST AND FOUND DATABASE UTILIZING PET IMAGE RECOGNITION TECHNOLOGY TO REUNITE LOST PETS WITH THEIR FAMILIES. PETCO LOVE IS WORKING TO ESTABLISH LOVE LOST AS THE GO-TO NATIONAL SOLUTION TO REPORT ALL LOST AND FOUND PETS AND REUNITE LOST PETS BY UPLOADING A PHOTO AND CONNECTING PET PARENT TO THE FINDER OR SHELTER WHERE THE PET IS LOCATED. SINCE JULY 2021, PETCO LOVE LOST HAS REUNITED NEARLY 120,000 LOST PETS WITH THEIR FAMILIES AND HAS HELPED COUNTLESS OTHERS BY PROVIDING INFORMATION AND SUPPORT TO REUNITE LOST PETS. PETCO LOVES ACTIVITIES TO REUNITE LOST PETS ALSO SERVES TO REDUCE THE NUMBERS OF PETS IN SHELTERS THEREBY ALSO HELPING TO SAVE PET LIVES.

Source: Form 990 for the year ending May 3, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending April 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1999.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.