Friends of Cats Inc

Analysis

Friends of Cats Inc is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in April 1965, 61 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, Friends of Cats Inc reported income of $734k and spending of $871k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $734k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 77% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of Cats Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include The@international Wildlife Coexistence Network Inc ($734k), Mountain Lion Foundation ($735k) and Petconnect Rescue Inc ($734k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $322k. At year end it held assets of $2.5m against liabilities of $1, net assets of $2.5m. It reported 15 employees.