Cattrap Inc

Analysis

Cattrap Inc is a registered charity in United States, based in Nantucket, MA. It received its IRS tax-exemption ruling in December 1995, 31 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, Cattrap Inc reported income of $90k and spending of $94k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $90k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 73% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Cattrap Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Cat Care Club Inc ($90k), Idaho Reining Horse Association Inc ($90k) and Dowagiac Conservation Club ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $253k against liabilities of $6,887, net assets of $246k.