1love4animals Inc

Analysis

1love4animals Inc is a registered charity in United States, based in Southeastern, PA. It received its IRS tax-exemption ruling in October 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, 1love4animals Inc reported income of $2.1m and spending of $991k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $623k to $2.1m (+244%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 77% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, 1love4animals Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Turning Pointe Donkey Rescue Inc ($2.1m), Friends of the Zoo of Springfield Missouri Inc ($2.1m) and Forever Foundation for Texas Wildlife Inc Dba Texas Wildlife ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $28k. It paid $8,000 in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $556k, net assets of $1.4m. It reported 1 employees.