Feral Cat Spay-Neuter Project

Analysis

Feral Cat Spay-Neuter Project is a registered charity in United States, based in Lynnwood, WA. It received its IRS tax-exemption ruling in September 1997, 29 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, Feral Cat Spay-Neuter Project reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $445k to $1.2m (+164%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 119% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Feral Cat Spay-Neuter Project sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Animal Charity of Ohio Inc ($1.2m), Hill Country Humane Society ($1.2m) and Just Animals Placement Service ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $136k (12% of expenses). Other salaries and wages came to $513k. At year end it held assets of $6.3m against liabilities of $170k, net assets of $6.2m. It reported 29 employees.