Second Chance for Cats Inc

Analysis

Second Chance for Cats Inc is a registered charity in United States, based in Bluefield, WV. It received its IRS tax-exemption ruling in June 2008, 18 years ago. 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, Second Chance for Cats Inc reported income of $143k and spending of $106k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $143k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Second Chance for Cats Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within WV. Charities of a similar size with the same main cause include Frederick High School Boostersclub Inc ($143k), Agricultural Society of Oswego County Inc ($143k) and Birthright of Delaware Inc ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 14% of the total. At year end it held assets of $204k against liabilities of $0, net assets of $204k.