Heavenly Cats Incorporation

Analysis

Heavenly Cats Incorporation is a registered charity in United States, based in Homosassa, FL. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Heavenly Cats Incorporation reported income of $94k and spending of $93k, spending 100% of its income. Across the 2 years on record, from April 2023 to April 2024, income fell from $161k to $94k (-42%), an average of -42% a year. The sharpest change came in the year to April 2024, when income dropped by 42%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Heavenly Cats Incorporation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Dolly Goodpuppy Society Inc ($94k), Greg King Canine Recovery ($94k) and Project Chance Inc ($94k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.