Labelle Foundation Inc

Analysis

Labelle Foundation Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2019, 7 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, Labelle Foundation Inc reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from April 2020 to December 2023, income grew from $250k to $1.9m (+664%), an average of +66% a year. The sharpest change came in the year to April 2021, when income rose by 434%. 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, Labelle Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Hudson Valley Animal Rescue and Sanctuary ($1.9m), Paws Atlanta Incorporated ($1.9m) and Simi Valley Nonprofit Spay & Neuter Clinic Incorporated ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $160k (8.4% of expenses). Other salaries and wages came to $179k. At year end it held assets of $329k against liabilities of $138k, net assets of $191k. It reported 11 employees.

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.