Love Some Buddy Charities Inc

Analysis

Love Some Buddy Charities Inc is a registered charity in United States, based in Woodland Hills, CA. It received its IRS tax-exemption ruling in August 2007, 19 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, Love Some Buddy Charities Inc reported income of $88k and spending of $94k, spending 107% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $30k to $88k (+193%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 252%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Love Some Buddy Charities Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Paws Rescue ($88k), Afghan Stray Animal League ($88k) and Turtle and Tortoise Preservation Group ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,520 against liabilities of $0, net assets of $2,520.