Forgotten Cats Inc

Analysis

Forgotten Cats Inc is a registered charity in United States, based in Greenville, DE. It received its IRS tax-exemption ruling in May 2004, 22 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, Forgotten Cats Inc reported income of $2.5m and spending of $1.6m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.5m (+108%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 76% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Forgotten Cats Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within DE. Charities of a similar size with the same main cause include Spokane Humane Society ($2.5m), Freeland Foundation ($2.5m) and Peace of Mind Dog Rescue ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 40% of the total. Other salaries and wages came to $140k. At year end it held assets of $3.3m against liabilities of $43k, net assets of $3.3m. It reported 5 employees.