For the Love of Cats Inc

Analysis

For the Love of Cats Inc is a registered charity in United States, based in Marco Island, FL. It received its IRS tax-exemption ruling in March 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, For the Love of Cats Inc reported income of $310k and spending of $250k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $198k to $310k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 52% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, For the Love of Cats Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Help of Raymore Inc ($310k), Paw Fund ($310k) and Southern California Pit Bull Rescue ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $125k. At year end it held assets of $1.3m against liabilities of $7,027, net assets of $1.3m. It reported 3 employees.