Loving Arms Pet Placement

Analysis

Loving Arms Pet Placement is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2008, 18 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, Loving Arms Pet Placement reported income of $123k and spending of $158k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $278k to $123k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 70% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Loving Arms Pet Placement sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Pets and Vets USA ($123k), Wags to Riches Animal Rescue and Sanctuary ($123k) and Rex the TV Terrier Inc ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.