Safe Haven for Cats

Analysis

Safe Haven for Cats is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in June 1995, 31 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 June 2023, Safe Haven for Cats reported income of $1.6m and spending of $1.8m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $996k to $1.6m (+58%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 61%. Over the whole period it spent 90% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Safe Haven for Cats sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NC. Charities of a similar size with the same main cause include Whidbey Animals Improvement Foundation ($1.6m), Soul Dog Rescue ($1.6m) and Humane Society Ac Veterinary Services PC ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $151k (8.6% of expenses). Other salaries and wages came to $609k. At year end it held assets of $1.8m against liabilities of $35k, net assets of $1.7m. It reported 45 employees.