Friends of Felines Inc

Analysis

Friends of Felines Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in October 2003, 23 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 March 2024, Friends of Felines Inc reported income of $182k and spending of $202k, spending 111% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income fell from $185k to $182k (-1.2%), an average of -0.2% a year. Over the whole period it spent 126% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Felines Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include Hope Equine Rescue ($182k), Center for Animal Rehabilitation & Education Inc ($183k) and Lucky Dawg Animal Rescue Inc ($182k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 89% and program service revenue 9.4% of the total. At year end it held assets of $43k against liabilities of $16k, net assets of $27k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.