Lapcats Inc

Analysis

Lapcats Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 2015, 11 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, Lapcats Inc reported income of $106k and spending of $97k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $115k to $106k (-7.4%), an average of -7.4% a year. Over the whole period it spent 92% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lapcats Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Humane Society of Terrell County Inc ($106k), National Mini Rex Rabbit Club Inc ($106k) and Helping Hands for the Plymouth Animal Shelter Inc ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.