Low Cost Spay-Neuter Clinic Inc

Analysis

Low Cost Spay-Neuter Clinic Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in June 2001, 25 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, Low Cost Spay-Neuter Clinic Inc reported income of $5.2m and spending of $4.8m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $5.2m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 88% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Low Cost Spay-Neuter Clinic Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Mustang Heritage Foundation ($5.2m), Binder Park Zoological Society Inc ($5.2m) and New England Regional Fishery Management Council ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $453k (9.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $8.4m against liabilities of $2.7m, net assets of $5.7m. It reported 91 employees.