Joybound People and Pets Fka Tony Larussas Animal Rescue Foundation

Analysis

Joybound People and Pets Fka Tony Larussas Animal Rescue Foundation is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in July 1996, 30 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 June 2023, Joybound People and Pets Fka Tony Larussas Animal Rescue Foundation reported income of $12.7m and spending of $10.5m, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $21.3m to $12.7m (-41%), an average of -16% a year. The sharpest change came in the year to June 2021, when income dropped by 40%. Over the whole period it spent 55% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Joybound People and Pets Fka Tony Larussas Animal Rescue Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Humane Society of Huron Valley ($12.5m), Vancouver Humane Society & Society for the Prevention of Cruelty to a ($12.7m) and Wildlife Mississippi ($12.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $664k (6.3% of expenses). Other salaries and wages came to $4.8m. It paid $393k in professional fundraising fees. At year end it held assets of $88.2m against liabilities of $859k, net assets of $87.4m. It reported 112 employees.