Lovepaws

Analysis

Lovepaws is a registered charity in United States, based in Rockville, MD. 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, Lovepaws reported income of $136k and spending of $139k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $136k (-3.2%), an average of -3.2% a year. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lovepaws sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within MD. Charities of a similar size with the same main cause include Rowena Wildlife Clinic ($136k), Friends of the Animals ($136k) and Faithfully K9 Service Dog and Dog Training ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $55k against liabilities of $6,616, net assets of $49k.