Orcat Inc

Analysis

Orcat Inc is a registered charity in United States, based in Key Largo, FL. It received its IRS tax-exemption ruling in January 1991, 35 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, Orcat Inc reported income of $2.7m and spending of $1.6m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $810k to $2.7m (+231%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 77% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Orcat Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Friends of the Alameda Animal Shelter ($2.7m), Beaver County Humane Society ($2.7m) and Panhandle Animal Welfare Society Inc Aka Paws Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Other salaries and wages came to $691k. At year end it held assets of $2.8m against liabilities of $170k, net assets of $2.6m.