Glitter Cat Barista Inc

Analysis

Glitter Cat Barista Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Glitter Cat Barista Inc reported income of $60k and spending of $151k, spending 251% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $218k to $60k (-73%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Glitter Cat Barista Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Sadaqa for All Foundation Okc ($60k), Shoulder to Shoulder Foundation ($60k) and Centro Madre Teresa de Calcuta Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,103 against liabilities of $0, net assets of $3,103.