Laps and Naps Home for Senior Cats Inc

Analysis

Laps and Naps Home for Senior Cats Inc is a registered charity in United States, based in Black MTN, NC. It received its IRS tax-exemption ruling in March 2020, 6 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, Laps and Naps Home for Senior Cats Inc reported income of $155k and spending of $93k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $155k (+2.8%), an average of +2.8% a year. Over the whole period it spent 47% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Laps and Naps Home for Senior Cats Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Valley View Ranch Equine Rescue ($155k), Paws of Hertford County ($155k) and Awesome Paws Rescue ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 1.3% of the total. At year end it held assets of $243k against liabilities of $8,912, net assets of $234k.