Operation Topcat

Analysis

Operation Topcat is a registered charity in United States, based in Sneads Ferry, NC. It received its IRS tax-exemption ruling in December 1996, 30 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, Operation Topcat reported income of $93k and spending of $76k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $93k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. 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, Operation Topcat sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Growth and Development Services Inc ($93k), Friends of Linden Animal Shelter Inc ($93k) and Labrador Connection ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.