Cats Cradle Inc

Analysis

Cats Cradle Inc is a registered charity in United States, based in Morganton, NC. It received its IRS tax-exemption ruling in March 2000, 26 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, Cats Cradle Inc reported income of $70k and spending of $76k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $70k (-9.9%), an average of -9.9% a year. Over the whole period it spent 101% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Cats Cradle Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Smitten with Kittens Inc ($70k), A&a Horse Haven Inc ($70k) and Allegheny Abused Animal Relief Fund ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.