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Life Is Better Rescue

RegisteredEIN 27-4360086Denver, COAnimals
Income$171k2023-12
Spending$213ksame year
Spent / received102%5-year average
Size in its cause58th pctAnimals
Exempt since2011Publicly supported organisat
Employees4latest return

Analysis

Life Is Better Rescue is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 2011, 15 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, Life Is Better Rescue reported income of $171k and spending of $213k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $176k to $171k (-2.8%), an average of -0.7% a year. The sharpest change came in the year to December 2020, when income rose by 64%. 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, Life Is Better Rescue sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include Draft Gratitude ($171k), Black Sheep Sanctuary and Retreat Inc ($172k) and Odysea Aquarium Foundation Inc ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Other salaries and wages came to $41k. At year end it held assets of $324k against liabilities of $203k, net assets of $122k. It reported 4 employees.

Income and spending

$0$72k$144k$217k$289k2019 Income: $176,3872019 Spending: $197,11220192020 Income: $288,7842020 Spending: $247,89120202021 Income: $250,9372021 Spending: $283,98620212022 Income: $172,5022022 Spending: $137,77720222023 Income: $171,4462023 Spending: $212,5562023
IncomeSpending

Where the income comes from

  • Contributions & grants 33%
  • Program services 66%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
Draft GratitudeWinchester$171k
Black Sheep Sanctuary and Retreat IncSag Harbor$172k
Odysea Aquarium Foundation IncScottsdale$171k
Farmhouse Animal & Nature Sanctuary IncMyakka City$172k