Lab Rescue of Greater Richmond

Analysis

Lab Rescue of Greater Richmond is a registered charity in United States, based in Midlothian, VA. It received its IRS tax-exemption ruling in June 2006, 20 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, Lab Rescue of Greater Richmond reported income of $112k and spending of $100k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $112k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 82% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lab Rescue of Greater Richmond sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Almost Home Dog Rescue Inc ($112k), The Southern Eventing and Dressage Association ($112k) and Schnauzer Rescue Cincinnati ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 27% of the total. At year end it held assets of $309k against liabilities of $5,100, net assets of $304k.