Lanai Cat Sanctuary Inc
Analysis
Lanai Cat Sanctuary Inc is a registered charity in United States, based in Lanai City, HI. It received its IRS tax-exemption ruling in May 2008, 18 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 June 2023, Lanai Cat Sanctuary Inc reported income of $1.5m and spending of $1.2m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $815k to $1.5m (+80%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 69% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Lanai Cat Sanctuary Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within HI. Charities of a similar size with the same main cause include Rescue Ranch ($1.5m), Klamath Bird Observatory ($1.5m) and Bright Promises Foundation ($1.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 4.9% of the total. Other salaries and wages came to $540k. At year end it held assets of $2.9m against liabilities of $55k, net assets of $2.8m. It reported 17 employees.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Program services 4.9%
- Other 3.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rescue Ranch | Yreka | $1.5m |
| Klamath Bird Observatory | Ashland | $1.5m |
| Bright Promises Foundation | Chicago | $1.5m |
| Eaglewatch Inc | Wabasha | $1.5m |