Cat Cay Restoration and Preservation Foundation Inc

Analysis

Cat Cay Restoration and Preservation Foundation Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in May 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 Cay Restoration and Preservation Foundation Inc reported income of $2.3m and spending of $11.4m, spending 494% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $328k to $2.3m (+601%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 1306%. Over the whole period it spent 96% 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 Cay Restoration and Preservation Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Seattle Chamber Music Festival ($2.3m), Concordia Conservatory Inc ($2.3m) and The Sandra Feinstein-Gamm Theatre ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.1m against liabilities of $591k, net assets of $474k.