Kentucky Lab Rescue Inc

Analysis

Kentucky Lab Rescue Inc is a registered charity in United States, based in Winchester, KY. It received its IRS tax-exemption ruling in December 2003, 23 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, Kentucky Lab Rescue Inc reported income of $137k and spending of $133k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $203k to $137k (-33%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 66% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Kentucky Lab Rescue Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within KY. Charities of a similar size with the same main cause include Whip City Animal Sanctuary Inc ($137k), Medina Raptor Center ($137k) and Gratiot Animals in Need ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (41% of expenses). At year end it held assets of $618k against liabilities of $0, net assets of $618k. It reported 1 employees.