For the Love of Cats Rescue and Adoption

Analysis

For the Love of Cats Rescue and Adoption is a registered charity in United States, based in Walled Lake, MI. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, For the Love of Cats Rescue and Adoption reported income of $205k and spending of $198k, spending 97% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $169k to $205k (+21%), an average of +21% a year. The sharpest change came in the year to August 2023, when income rose by 21%. Over the whole period it spent 107% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, For the Love of Cats Rescue and Adoption sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Janes Journey Home for Dogs Inc ($205k), Community Cat Club Inc ($205k) and Promise 4 Paws ($205k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 41% and program service revenue 57% of the total. At year end it held assets of $40k against liabilities of $13k, net assets of $27k.