Second Chance Sheridan Cat Rescue

Analysis

Second Chance Sheridan Cat Rescue is a registered charity in United States, based in Sheridan, WY. It received its IRS tax-exemption ruling in August 2010, 16 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, Second Chance Sheridan Cat Rescue reported income of $351k and spending of $354k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $375k to $351k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Second Chance Sheridan Cat Rescue sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within WY. Charities of a similar size with the same main cause include Animal Welfare League of Clark County ($351k), Help Overpopulation of Pets Economically Inc ($352k) and Rico Pet Recovery ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $24k (6.7% of expenses). Other salaries and wages came to $114k. At year end it held assets of $82k against liabilities of $2,742, net assets of $79k. It reported 20 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.