Low Cost Animal Medical Center

Analysis

Low Cost Animal Medical Center is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 2015, 11 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, Low Cost Animal Medical Center reported income of $3.2m and spending of $2.6m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $3.2m (+165%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 89% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Low Cost Animal Medical Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within LA. Charities of a similar size with the same main cause include Lucky Dog Animal Rescue ($3.2m), Leg Up Farm Inc ($3.2m) and Nooksack Salmon Enhancement Association ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $737k. At year end it held assets of $1.5m against liabilities of $60k, net assets of $1.4m. It reported 36 employees.