Saving Grace Rescue LBK

Analysis

Saving Grace Rescue LBK is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in August 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, Saving Grace Rescue LBK reported income of $114k and spending of $147k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $114k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 126% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Saving Grace Rescue LBK sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Moonsong Malamute Rescue Inc ($114k), The Medvet Charitable Foundation ($114k) and Ontario Feral Cat Project ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.