Fostercat Inc

Analysis

Fostercat Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 2000, 26 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, Fostercat Inc reported income of $68k and spending of $69k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $68k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Fostercat Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include Long Island Wildfowl Heritage Group Ltd ($68k), Fawns Family Small Dog Rescue Inc ($68k) and Greyhound Welfare Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 18% of the total. At year end it held assets of $274k against liabilities of $0, net assets of $274k.