Cat Network Inc

Analysis

Cat Network Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in December 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 December 2023, Cat Network Inc reported income of $622k and spending of $499k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $622k (+273%), an average of +39% a year. The sharpest change came in the year to December 2020, when income rose by 88%. 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, Cat Network Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Sumner Spay Neuter Alliance ($622k), Wyoming Wildlife Federation ($623k) and Let Love Live ($622k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 59% of the total. At year end it held assets of $363k against liabilities of $2,363, net assets of $360k.