Ocean Hill Cats Inc

Analysis

Ocean Hill Cats Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Ocean Hill Cats Inc reported income of $80k and spending of $65k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $80k (+6.2%), an average of +6.2% a year. Over the whole period it spent 76% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Ocean Hill Cats Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Pet Rescue of Maryland Independent Sanctuary and Education Inc ($80k), Undercover Angels Animal Rescue of Saginaw ($80k) and Ali Cat Rescue Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.