Frankies Friends Cats Rescue Inc

Analysis

Frankies Friends Cats Rescue Inc is a registered charity in United States, based in New Kensingtn, PA. It received its IRS tax-exemption ruling in September 2011, 15 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 April 2024, Frankies Friends Cats Rescue Inc reported income of $698k and spending of $758k, spending 109% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $607k to $698k (+15%), an average of +3.5% a year. The sharpest change came in the year to April 2023, when income rose by 25%. Over the whole period it spent 103% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Frankies Friends Cats Rescue Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include 100plusanimalrescue Inc ($698k), Rosemary Farm Sanctuary Inc ($699k) and Wildlife in Need Center Ltd ($697k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 4.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $102k (14% of expenses). Other salaries and wages came to $164k. At year end it held assets of $108k against liabilities of $0, net assets of $108k. It reported 8 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.