Cats Cradle Shelter Inc

Analysis

Cats Cradle Shelter Inc is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in July 2012, 14 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 Shelter Inc reported income of $367k and spending of $264k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $481k to $367k (-24%), an average of -6.5% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 67% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Cats Cradle Shelter Inc 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 65th percentile, and in the 60th percentile within ND. Charities of a similar size with the same main cause include Salt Pond Areas Bird Sanctuaries Inc ($367k), Therapet ($367k) and Dogs and Cats of the Dominican Republic Inc ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $50k (19% of expenses). Other salaries and wages came to $30k. At year end it held assets of $1.1m against liabilities of $3,473, net assets of $1.1m. It reported 3 employees.