Lacrescent Animal Rescue Inc

Analysis

Lacrescent Animal Rescue Inc is a registered charity in United States, based in LA Crescent, MN. It received its IRS tax-exemption ruling in June 2005, 21 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, Lacrescent Animal Rescue Inc reported income of $126k and spending of $62k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $126k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 45% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lacrescent Animal Rescue Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include St Francis of Assisi Animal Rescue of Santa Clara County Inc ($126k), Adopt a Cat Foundation Inc ($126k) and Oregon Donkey Sanctuary Northwest ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $501k against liabilities of $0, net assets of $501k.