Cabarrus Spay & Neuter Clinic Inc

Analysis

Cabarrus Spay & Neuter Clinic Inc is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in March 2009, 17 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 August 2024, Cabarrus Spay & Neuter Clinic Inc reported income of $1.3m and spending of $1.0m, spending 82% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $516k to $1.3m (+143%), an average of +25% a year. The sharpest change came in the year to August 2022, when income rose by 28%. Over the whole period it spent 83% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Cabarrus Spay & Neuter Clinic Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Indraloka Animal Sanctuary ($1.3m), Mondak Humane Society ($1.3m) and P a W S Animal Adoption Center ($1.3m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $152k (15% of expenses). Other salaries and wages came to $524k. At year end it held assets of $1.3m against liabilities of $11k, net assets of $1.3m. It reported 15 employees.