Loving Pet Inn Adoptions Inc

Analysis

Loving Pet Inn Adoptions Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in May 2010, 16 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, Loving Pet Inn Adoptions Inc reported income of $62k and spending of $69k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $62k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 71% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Loving Pet Inn Adoptions Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NC. Charities of a similar size with the same main cause include Barnstable County Beekeepers Association Inc ($62k), Blue Ridge Bull Terrier Club ($62k) and Friends of the Santa Monica Animal Shelter ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 14% of the total. At year end it held assets of $21k against liabilities of $1,539, net assets of $19k.