Loving Hands Cat Rescue Inc

Analysis

Loving Hands Cat Rescue Inc is a registered charity in United States, based in Westfield, NJ. It received its IRS tax-exemption ruling in December 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, Loving Hands Cat Rescue Inc reported income of $64k and spending of $40k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $64k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 65% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Loving Hands Cat Rescue Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Rescue Ur Forever Friend ($64k), American Eskimo Rescue of Saint Louis Inc ($64k) and Heart Animal Rescue ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $63k against liabilities of $10k, net assets of $53k.