A New Leash on Life

Analysis

A New Leash on Life is a registered charity in United States, based in Huntsville, AL. 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 (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, A New Leash on Life reported income of $2.0m and spending of $1.0m, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.0m (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 60% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, A New Leash on Life sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within AL. Charities of a similar size with the same main cause include Florida Poodle Rescue Inc ($2.0m), Chautauqua County Humane Society ($2.0m) and Minnesota Spay & Neuter Assistance Program Professional Corporation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $75k (7.2% of expenses). At year end it held assets of $3.8m against liabilities of $57k, net assets of $3.7m. It reported 39 employees.