Lonely Hearts Animal Rescue Inc

Analysis

Lonely Hearts Animal Rescue Inc is a registered charity in United States, based in Jefferson, MD. It received its IRS tax-exemption ruling in March 2009, 17 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, Lonely Hearts Animal Rescue Inc reported income of $176k and spending of $219k, spending 124% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $247k to $176k (-29%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 92% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lonely Hearts Animal Rescue Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Southeast German Shorthaired Pointer Rescue Inc ($176k), Pet Savers Inc ($176k) and Delmarva Nesting Foundation ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $444k against liabilities of $0, net assets of $444k.