Lucky Lab Rescue Inc

Analysis

Lucky Lab Rescue Inc is a registered charity in United States, based in Lewisville, IN. It received its IRS tax-exemption ruling in October 2009, 17 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 2022, Lucky Lab Rescue Inc reported income of $248k and spending of $254k, spending 102% of its income. Across the 3 years on record, from December 2019 to December 2022, income fell from $581k to $248k (-57%), an average of -35% a year. The sharpest change came in the year to December 2021, when income dropped by 55%. Over the whole period it spent 102% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lucky Lab Rescue Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Free Flight ($248k), Herd & Flock Animal Sanctuary ($248k) and Animal Education and Rescue NFP ($248k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $45k. At year end it held assets of $6,740 against liabilities of $0, net assets of $6,740. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.