Cat Angels Pet Adoptions Inc

Analysis

Cat Angels Pet Adoptions Inc is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in January 2006, 20 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, Cat Angels Pet Adoptions Inc reported income of $509k and spending of $353k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $341k to $509k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 83% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Cat Angels Pet Adoptions Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Hand2paw Foundation ($509k), Project Apis M 2 0 Inc ($509k) and Humane Society of Cedar Creek Lake Inc ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $50k (14% of expenses). Other salaries and wages came to $62k. At year end it held assets of $222k against liabilities of $0, net assets of $222k. It reported 5 employees.