Cat Lounge Rescue and Adoption Center

Analysis

Cat Lounge Rescue and Adoption Center is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cat Lounge Rescue and Adoption Center reported income of $513k and spending of $494k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $435k to $513k (+18%), an average of +5.6% a year. Over the whole period it spent 91% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Cat Lounge Rescue and Adoption Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Friends of Manatee Lagoon ($512k), The Feline Fix ($513k) and Paws Place Inc ($512k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $210k (43% of expenses). At year end it held assets of $23k against liabilities of $0, net assets of $23k. It reported 9 employees.