Homeward Bound Cat Adoptions

Analysis

Homeward Bound Cat Adoptions is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Homeward Bound Cat Adoptions reported income of $465k and spending of $532k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $360k to $465k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 106% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Homeward Bound Cat Adoptions sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within NV. Charities of a similar size with the same main cause include Beyond Fences Inc ($465k), Conservation Earth Inc ($466k) and Karma Rescue Inc ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Other salaries and wages came to $161k. At year end it held assets of $118k against liabilities of $223k, net assets of -$105k. It reported 4 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.