Cats Exclusive Inc

Analysis

Cats Exclusive Inc is a registered charity in United States, based in Margate, FL. It received its IRS tax-exemption ruling in March 1999, 27 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 December 2023, Cats Exclusive Inc reported income of $1.0m and spending of $1.1m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $775k to $1.0m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2020, when income rose by 49%. 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, Cats Exclusive Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Helping Hounds Dog Rescue Inc ($1.0m), Cats Cradle of the Shenandoah Valley Inc ($1.0m) and Ecoflix Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Other salaries and wages came to $477k. At year end it held assets of $984k against liabilities of $3,269, net assets of $980k. It reported 21 employees.