Charity Search / LAB RESCUE OF NORTH CAROLINA INC
Animal-Related (D20) IRS Verified DX Registered 990 on File

LAB RESCUE OF NORTH CAROLINA INC

EIN: 56-2118804 · ADVANCE, NC 27006-6651 · United States · FY 2024 Data
3 out of 5 45 / 100 Based on 2+ years of filings
Financial strength (30%) 62/100
Reliability (20%) 55/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$174K
Total Revenue
$15K
Total Expenses
$234K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 183.30x
Liability-to-Asset 0.0%
Revenue Diversification 97.5%
Compared with Peers
FY 2024
Compared with 3,928 similar organizations (United States, Animal-Related, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
100.0% 90.6%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
183.3 mo 9.6 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
97.5% 99.9%
P10P90
Above median
Revenue growth
Year over year revenue growth
-3360.6% -0.4%
P10P90
Expense growth
Year over year expense growth
22.6% -1.9%
P10P90
Surplus margin
Surplus as a share of revenue
91.2% 4.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $174K $15K $234K 100.0% —
2023 $-5,351 $12K $75K 100.0% —
2022 $8K $27K $93K 75.1% —
2021 $33K $35K $111K 100.0% —
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Organization Details
EIN
56-2118804
State
NC
City
ADVANCE
ZIP
27006-6651
Classification
D20
Category
Animal-Related
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
Foundation Code
16
Form 990
On File
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