New England Lab Rescue Inc

Analysis

New England Lab Rescue Inc is a registered charity in United States, based in Limerick, ME. It received its IRS tax-exemption ruling in January 2012, 14 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, New England Lab Rescue Inc reported income of $281k and spending of $276k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $268k to $281k (+4.7%), an average of +1.5% a year. Over the whole period it spent 88% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, New England Lab Rescue Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 55th percentile within ME. Charities of a similar size with the same main cause include Granite State Dog Recovery ($281k), Road to Home Rescue Support Inc ($281k) and Oceansalaska ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $13k (4.7% of expenses). At year end it held assets of $178k against liabilities of $24k, net assets of $154k. It reported 1 employees.