New Beginnings Cat Rescue

Analysis

New Beginnings Cat Rescue is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in September 2005, 21 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, New Beginnings Cat Rescue reported income of $85k and spending of $69k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $85k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 88% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, New Beginnings Cat Rescue sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Crusty Crew Rescue ($85k), New England Primate Sanctuary Inc ($85k) and Friends of the Vervet Monkey Foundation ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.