Cats Cradle of Greater Richmond Incorporated

Analysis

Cats Cradle of Greater Richmond Incorporated is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cats Cradle of Greater Richmond Incorporated reported income of $110k and spending of $103k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25k to $110k (+340%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 186%. Over the whole period it spent 98% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Cats Cradle of Greater Richmond Incorporated sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Star Hose Company No 1 ($110k), Tool Volunteer Fire Department Inc ($110k) and East Campbell Fire Department Inc ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,108 against liabilities of $0, net assets of $7,108.