Cat Ltd

Analysis

Cat Ltd is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Cat Ltd reported income of $257k and spending of $214k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $143k to $257k (+80%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cat Ltd sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Garland Summer Musicals Inc ($257k), Geneva Historical Society ($257k) and The Wharton Esherick Museum ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $45k (21% of expenses). Other salaries and wages came to $7,110. At year end it held assets of $74k against liabilities of $1,783, net assets of $72k. It reported 2 employees.