Lone Star Shihtzu & Lhasa Lapso Rescue

Analysis

Lone Star Shihtzu & Lhasa Lapso Rescue is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2002, 24 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, Lone Star Shihtzu & Lhasa Lapso Rescue reported income of $125k and spending of $155k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $310k to $125k (-60%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 110% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lone Star Shihtzu & Lhasa Lapso Rescue sits at the 48th 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 46th percentile within TX. Charities of a similar size with the same main cause include Great Dane Rescue of Minnesota ($125k), United in Light Inc ($125k) and Cascade County Humane Society ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.