Lonestar Outreach to Place Ex-Racers

Analysis

Lonestar Outreach to Place Ex-Racers is a registered charity in United States, based in Driftwood, TX. It received its IRS tax-exemption ruling in December 2004, 22 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, Lonestar Outreach to Place Ex-Racers reported income of $135k and spending of $135k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $135k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lonestar Outreach to Place Ex-Racers 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 48th percentile within TX. Charities of a similar size with the same main cause include Stray Haven Rescue Inc ($135k), Toni S Kitty Rescue ($135k) and Iacuc 101 Series ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $94k against liabilities of $3,206, net assets of $91k.