Lancova Partners for Pets Inc

Analysis

Lancova Partners for Pets Inc is a registered charity in United States, based in Irvington, VA. It received its IRS tax-exemption ruling in May 2014, 12 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 2022, Lancova Partners for Pets Inc reported income of $297k and spending of $95k, leaving 68% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $348k to $297k (-15%), an average of -5.2% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 12% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lancova Partners for Pets Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Fairytale Farm Mini Horse and Pony Rescue ($297k), Armys Legacy Animal Rescue and Sanctuary Inc ($297k) and Arrows Heart Animal Rescue ($297k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.