Lost Paws Rescue of Texas

Analysis

Lost Paws Rescue of Texas is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in February 2005, 21 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, Lost Paws Rescue of Texas reported income of $239k and spending of $261k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $260k to $239k (-8.0%), an average of -2.1% a year. The sharpest change came in the year to December 2022, when income dropped by 15%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lost Paws Rescue of Texas sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Fresno Bully Rescue Inc ($239k), Friends of the Animal Shelter in Hancock County ($239k) and Hospice and Love Organization Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.

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.