Mini Cat Town Inc

Analysis

Mini Cat Town Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. 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, Mini Cat Town Inc reported income of $1.3m and spending of $1.2m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $194k to $1.3m (+562%), an average of +60% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mini Cat Town Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Hope Ignites Phoenix ($1.3m), Nicholas Wolff Foundation Inc ($1.3m) and American Society for Public Administration ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $421k (36% of expenses). Other salaries and wages came to $193k. At year end it held assets of $1.3m against liabilities of $44k, net assets of $1.2m. It reported 17 employees.