Labradors and Friends Dog Rescue Group Inc

Analysis

Labradors and Friends Dog Rescue Group Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 2007, 19 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, Labradors and Friends Dog Rescue Group Inc reported income of $329k and spending of $356k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $604k to $329k (-45%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Labradors and Friends Dog Rescue Group Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Susie Spector Foundation ($329k), Rescate Wildlife Rescue Center ($330k) and United Animal Rescue ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $159k against liabilities of $22k, net assets of $137k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.