Lago Vista Pet Adoption and Welfare Service Inc

Analysis

Lago Vista Pet Adoption and Welfare Service Inc is a registered charity in United States, based in Lago Vista, TX. It received its IRS tax-exemption ruling in May 1997, 29 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, Lago Vista Pet Adoption and Welfare Service Inc reported income of $85k and spending of $112k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $138k to $85k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 102% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lago Vista Pet Adoption and Welfare Service Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Liberty Acres United Rescue Animal Sanctuary Inc ($85k), Andreas Dream Rescue ($85k) and Compassionate Living ($85k).

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 $23k against liabilities of $0, net assets of $23k.