Love4paws Inc
Analysis
Love4paws Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in September 2024, 2 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, Love4paws Inc reported income of $215k and spending of $160k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $88k to $215k (+144%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 74% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Love4paws Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Benny Fund ($215k), Rescue Me Ga Inc ($215k) and Northwest Boxer Rescue ($215k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 80% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Program services 80%
- Other 6.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Benny Fund | Cincinnati | $215k |
| Rescue Me Ga Inc | Atlanta | $215k |
| Northwest Boxer Rescue | McMinnville | $215k |
| Central Florida Animal Reserve Inc | Saint Cloud | $215k |