Cat Spring Agricultural Society

Analysis

Cat Spring Agricultural Society is a registered charity in United States, based in Cat Spring, TX. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Cat Spring Agricultural Society reported income of $409k and spending of $60k, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $409k (+257%), an average of +257% a year. The sharpest change came in the year to December 2023, when income rose by 257%. Over the whole period it spent 23% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cat Spring Agricultural Society sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Esarc Inc ($409k), Hogar Hispano Inc ($409k) and Oklahoma Wheat Research Foundation Inc ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $865k against liabilities of $0, net assets of $865k.