For the Love of Cats

Analysis

For the Love of Cats is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in October 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, For the Love of Cats reported income of $55k and spending of $55k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1,741 to $55k (+3041%), an average of +3041% a year. The sharpest change came in the year to December 2023, when income rose by 3041%. 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, For the Love of Cats sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within OH. Charities of a similar size with the same main cause include Nevada Veterinary Medical Association ($55k), The Colyer Institute ($55k) and Friends of Padre Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,530 against liabilities of $16k, net assets of -$11k.