Lab Rescue Ok Inc

Analysis

Lab Rescue Ok Inc is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in October 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 (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 Ok Inc reported income of $197k and spending of $154k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $220k to $197k (-11%), an average of -5.6% a year. Over the whole period it spent 77% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lab Rescue Ok Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within OK. Charities of a similar size with the same main cause include Carolina Sanctuary & Rescue ($197k), X-Port Paws Inc ($197k) and Another Chance Animal Rescue ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $245k against liabilities of $4,319, net assets of $241k.