Catnip

Analysis

Catnip is a registered charity in United States, based in Folsom, LA. 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 (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 2022, Catnip reported income of $914k and spending of $904k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $308k to $914k (+197%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 120%. Over the whole period it spent 89% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Catnip sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within LA. Charities of a similar size with the same main cause include Bella Foundation ($914k), Humane Society of Vero Beach & Indian River County FL Foundation ($915k) and Ocearch ($913k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 77% and program service revenue 22% of the total. Other salaries and wages came to $246k. At year end it held assets of $666k against liabilities of $216k, net assets of $450k.