Lovejoy Foundation Inc

Analysis

Lovejoy Foundation Inc is a registered charity in United States, based in Inglewood, CA. It received its IRS tax-exemption ruling in June 2019, 7 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, Lovejoy Foundation Inc reported income of $479k and spending of $452k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $479k (+89%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 90% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lovejoy Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Bottle Babies Rescue ($479k), Kodiakcare Corporation ($479k) and Above and Beyond English Setter Rescue ($478k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.