Solano Beach Cats

Analysis

Solano Beach Cats is a registered charity in United States, based in Solana Beach, CA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Solano Beach Cats reported income of $53k and spending of $13k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $325k to $53k (-84%), an average of -36% a year. The sharpest change came in the year to December 2023, when income rose by 285%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Solano Beach Cats sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Circles of Grant County Inc ($53k), Rotary District 6980 Youth Services Foundation ($53k) and Friends of the Southborough Youth Commission Inc ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $22k, net assets of $0.