Canopy Cat Rescue

Analysis

Canopy Cat Rescue is a registered charity in United States, based in Woodinville, WA. It received its IRS tax-exemption ruling in December 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, Canopy Cat Rescue reported income of $235k and spending of $244k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $278k to $235k (-15%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Canopy Cat Rescue sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Horsen Around Rescue Ranch and Foundation Inc ($235k), Hazleton Animal Shelter Assoc ($235k) and American Saddlebred Legacy Foundation Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $139k (57% of expenses). At year end it held assets of $57k against liabilities of $0, net assets of $57k. It reported 2 employees.