Last Chance Animal Rescue Inc
Analysis
Last Chance Animal Rescue Inc is a registered charity in United States, based in White Plains, MD. It received its IRS tax-exemption ruling in November 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, Last Chance Animal Rescue Inc reported income of $6.1m and spending of $5.5m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.7m to $6.1m (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 20%. 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, Last Chance Animal Rescue Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Paws 2 Help Inc ($6.1m), All About Animals Rescue ($6.1m) and Flamingo Gardens Inc ($6.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $495k (9.0% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $8.6m against liabilities of $48k, net assets of $8.5m. It reported 141 employees.
Income and spending
Where the income comes from
- Contributions & grants 7.2%
- Program services 91%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Paws 2 Help Inc | West Palm BCH | $6.1m |
| All About Animals Rescue | Warren | $6.1m |
| Flamingo Gardens Inc | Davie | $6.1m |
| S P C a Inc | Lakeland | $6.2m |