Love-A-Bull Inc

Analysis

Love-A-Bull Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Love-A-Bull Inc reported income of $188k and spending of $154k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $147k to $188k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 86% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Love-A-Bull Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include The Pet Fund ($188k), Canine Pet Rescue Corp ($188k) and Minnesota Basset Rescue ($188k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 8.1% of the total. At year end it held assets of $211k against liabilities of $1,622, net assets of $209k.