Sobe Cats Spay & Neuter Inc

Analysis

Sobe Cats Spay & Neuter Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in April 2016, 10 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, Sobe Cats Spay & Neuter Inc reported income of $200k and spending of $162k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $200k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 82% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Sobe Cats Spay & Neuter Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Capitol Area Rescue Effort Inc ($200k), South Plains SPCA ($200k) and Love and Second Chances ($200k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.