Lhasa Happy Homes Rescue Inc

Analysis

Lhasa Happy Homes Rescue Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lhasa Happy Homes Rescue Inc reported income of $92k and spending of $145k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $128k to $92k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lhasa Happy Homes Rescue Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Animal Resource Funding Foundation ($92k), Raptor Conservation Alliance Inc ($92k) and Friends of Read Wildlife Sanctuary Inc ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $278k against liabilities of $0, net assets of $278k.