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True Companions

Also known as True Companions Animal Shelter &

Denver, CO · EIN 84-1116882 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

True Companions reported $11.3 million in revenue and $8.9 million in expenses for calendar year 2025. Of every $100 it spent, $89.86 went to program services, $6.63 to management and general costs and $3.51 to fundraising. Its largest source of revenue was contributions and grants: 67.5% of the total. The highest compensation it reported for one person was $243,829 (CLINIC DIREC). 9 people received more than $100,000 in reportable compensation. Revenue rose 198% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $8.9M

For context, the median across 245 covered animal-related charities: $83.96 programs, $9.42 management, $6.62 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2025 · Form 990, Part VIII · total revenue $11M

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 245 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
89.9%82.1%
Management & general
Part IX 25(C) ÷ 25(A)
6.6%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
3.5%6.5%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
67.5%67.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
26.5%19.3%
Highest reported compensation
Part VII-A, columns D–F
$243,829$314,886
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.74%1.63%
People paid over $100,000
Part VII, line 2
910
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
19.926.8
Independent voting board members
Part VI 1a–1b
5 of 5100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2025 · Form 990, Part III · the three largest programs by expense
$3.4M expenses · 42.7% of program spending · revenue $2.9M

Veterinary clinic: provides low-cost veterinary care to the community, while also servicing the veterinary needs of animals living in the shelter, including routine care and specialty care

$2.9M expenses · 36.5% of program spending · revenue $132K

Shelter operations/adoptions: providing housing and care to dogs and cats with no known owners, including snmv (spay/neuter/microchip/vaccinate), medical and behavioral assessments, surgical/specialty care as needed, play groups, volunteer day-trips, and other enrichment activities designed to improve animal quality of life while awaiting a forever home

$1.7M expenses · 20.7% of program spending

Outreach program: True Companions maintains a mobile adoption program that offers adoptable animals opportunities to be seen in the community, improving their chance of adoption and providing experiences for the animals outside of the shelter environment. Staff and a network of over 400 volunteers assist in supporting this community outreach that informs attendees of opportunities to adopt or foster shelter animals, and distributes important information on best practices in pet ownership

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CLINIC DIREC
Highest compensated employee, 40.00 hrs/week
$241,429$0$2,400$243,829
EXECUTIVE DI
Officer, 40.00 hrs/week
$193,980$0$13,624$207,604
OPERATIONS D
Highest compensated employee, 40.00 hrs/week
$195,000$0$2,400$197,400
VETERINARIAN
Highest compensated employee, 40.00 hrs/week
$184,365$0$2,400$186,765
VETERINARIAN
Highest compensated employee, 40.00 hrs/week
$183,759$0$2,400$186,159
VETERINARIAN
Highest compensated employee, 40.00 hrs/week
$180,782$0$2,400$183,182

9 people received more than $100,000 in reportable compensation from True Companions (Part VII, line 2). Compensation of current officers, directors and key employees totaled $208K (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M2019202020212022202320242025$11M$8.9M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$11M$8.9M89.9%$15M$243,829
2024 ⓘ$7.2M$8.6M89.9%$12M$238,196
2023 ⓘ$5.9M$6.9M84.7%$13M$237,100
2022 ⓘ$5.6M$5.2M84.8%$14M$223,200
2021 (amended) ⓘ$4.3M$4.1M87.2%$14M$664,984
2020 ⓘ$4.8M$4.0M88.1%$14M$109,600
2019 ⓘ$3.8M$3.5M89.1%$13M$128,000

Governance answers, as filed

2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5155
  • Volunteers Part I, line 6450

Private foundation grants it received

18 private foundations reported grants to True Companions totaling $53,615 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from True Companions's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for True Companions, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All animal-related charities · Largest charities in Colorado

Questions people ask

How much of True Companions's spending goes to programs?

In calendar year 2025, True Companions reported that 89.9% of its $8.9 million in expenses went to program services, 6.6% to management and general and 3.5% to fundraising (Form 990, Part IX).

How much does True Companions pay its top executive?

The largest total compensation True Companions reported for one person in calendar year 2025 was $243,829, for the role of CLINIC DIREC (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does True Companions get its money?

Of $11.3 million in revenue in calendar year 2025, 67.5% came from contributions and grants and 26.5% from program service revenue (Form 990, Part VIII).

Is True Companions a registered charity?

The IRS lists EIN 84-1116882 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202641779349300034 · read the filing · XML
  • 2024: Form 990 for calendar year 2024, object 202502189349300635 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202422199349301962 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202332729349301668 · read the filing
  • 2021: Form 990 for calendar year 2021 (amended), object 202232529349300503 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202112979349300151 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202032909349301303 · read the filing

All filings for EIN 84-1116882: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.