Catnap From the Heart Inc

Analysis

Catnap From the Heart Inc is a registered charity in United States, based in LA Grange PK, IL. It received its IRS tax-exemption ruling in October 2002, 24 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, Catnap From the Heart Inc reported income of $508k and spending of $584k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $405k to $508k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 112% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Catnap From the Heart 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 IL. Charities of a similar size with the same main cause include Adoption First Animal Rescue ($507k), Steuben County Humane Society Inc ($508k) and Encompass Animal Health Inc ($507k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Other salaries and wages came to $243k. At year end it held assets of $416k against liabilities of $3,961, net assets of $412k. It reported 16 employees.

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.