Lifeline Horse Rescue and Rehabilitation Inc

Analysis

Lifeline Horse Rescue and Rehabilitation Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in July 2017, 9 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, Lifeline Horse Rescue and Rehabilitation Inc reported income of $101k and spending of $85k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $101k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lifeline Horse Rescue and Rehabilitation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within MD. Charities of a similar size with the same main cause include Dragonwood Conservancy Inc ($101k), Loveyloaves Inc ($101k) and Paw Angels Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.4% of the total. At year end it held assets of $51k against liabilities of $16k, net assets of $35k.