Lasso

Analysis

Lasso is a registered charity in United States, based in Pagosa SPGS, CO. 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, Lasso reported income of $159k and spending of $181k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $158k to $159k (+0.6%), an average of +0.6% a year. Over the whole period it spent 108% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lasso sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within CO. Charities of a similar size with the same main cause include Friends of the Arizona Historical Society Inc ($159k), Southern Arizona Cat Rescue ($159k) and Cottontail Cottage Farm Sanctuary ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. At year end it held assets of $40k against liabilities of $27k, net assets of $12k.