Flatbush Cats Inc

Analysis

Flatbush Cats Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2018, 8 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, Flatbush Cats Inc reported income of $4.7m and spending of $1.8m, leaving 61% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $476k to $4.7m (+883%), an average of +114% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 42% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Flatbush Cats Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Wildlife Rescue and Rehabilitation Inc ($4.7m), Spay Neuter Network ($4.7m) and Cincinnati Animal Care ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $119k (6.5% of expenses). Other salaries and wages came to $607k. At year end it held assets of $5.1m against liabilities of $208k, net assets of $4.9m. It reported 20 employees.