Lucky Labs Rescue Corp

Analysis

Lucky Labs Rescue Corp is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 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, Lucky Labs Rescue Corp reported income of $166k and spending of $110k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $166k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 72% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lucky Labs Rescue Corp sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Arctic Fox Daily Wildlife Rescue Inc ($166k), Pets Without Parents Columbus ($166k) and American Association of Small Ruminant Practitioners ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.