Blind Cat Rescue & Sanctuary Inc
Blind Cat Rescue & Sanctuary Inc consistently grows assets with no reported officer compensation.
EIN: 203410498 · Saint Pauls, NC · NTEE: D20 · Updated: 2026-03-28
Is Blind Cat Rescue & Sanctuary Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blind Cat Rescue & Sanctuary Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blind Cat Rescue & Sanctuary Inc
Blind Cat Rescue & Sanctuary Inc (EIN: 203410498) is a nonprofit organization based in Saint Pauls, NC, classified under NTEE code D20. The organization reported total revenue of $2.2M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blind Cat Rescue & Sanctuary Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blind Cat Rescue & Sanctuary Inc is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 16.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$330K |
| Total Assets | $5.0M |
| Total Liabilities | $42K |
| Net Assets | $5.0M |
| Operating Margin | 22.3% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 52.0 months |
Financial Health Grade: A
In 2023, Blind Cat Rescue & Sanctuary Inc reported a surplus of $330K with revenue exceeding expenses, holds 52.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Blind Cat Rescue & Sanctuary Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.9% | +7.7% | +12.5% |
| 2022 | +32.5% | +14.7% | +15.8% |
| 2021 | +3.5% | -3.0% | +18.5% |
| 2020 | +19.2% | -7.6% | +19.3% |
| 2019 | -1.5% | +31.1% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Blind Cat Rescue & Sanctuary Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Blind Cat Rescue & Sanctuary Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $330K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-reportable means, which is highly favorable for a nonprofit of its size with over $1.4 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Blind Cat Rescue & Sanctuary Inc:
- Consistent revenue growth, from $925,969 in 2014 to $1,483,521 in 2023.
- Significant asset accumulation, growing from $1,132,567 in 2014 to $5,000,192 in 2023.
- No reported officer compensation across all 14 filings, indicating high efficiency and volunteer leadership.
- Revenues consistently exceed expenses, demonstrating strong financial management and sustainability.
- Low liabilities reported across all periods, indicating financial stability and minimal debt.
Frequently Asked Questions about Blind Cat Rescue & Sanctuary Inc
Is Blind Cat Rescue & Sanctuary Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Blind Cat Rescue & Sanctuary Inc (EIN: 203410498) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Blind Cat Rescue & Sanctuary Inc spend its money?
Blind Cat Rescue & Sanctuary Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Blind Cat Rescue & Sanctuary Inc tax-deductible?
Blind Cat Rescue & Sanctuary Inc is registered as a tax-exempt nonprofit (EIN: 203410498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Blind Cat Rescue & Sanctuary Inc a good charity?
Based on the provided financial data, Blind Cat Rescue & Sanctuary Inc appears to be a very good charity. It consistently generates more revenue than expenses, leading to significant asset growth (from $1.1M in 2014 to $5.0M in 2023), and reports no officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time. Revenue has grown from $925,969 in 2014 to $1,483,521 in 2023, and assets have increased substantially from $1,132,567 in 2014 to $5,000,192 in 2023, demonstrating consistent growth and financial stability.
What is the organization's approach to executive compensation?
Blind Cat Rescue & Sanctuary Inc reports 0% officer compensation in all available filings, indicating that its executive leadership is not paid through the organization's funds, which is a strong positive for donor confidence and resource allocation to its mission.
Filing History
IRS 990 filing history for Blind Cat Rescue & Sanctuary Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Blind Cat Rescue & Sanctuary Inc's revenue has grown by 598%, moving from $213K to $1.5M. Total assets increased by 1687% over the same period, from $280K to $5.0M. Total functional expenses rose by 1654.9%, from $66K to $1.2M. In its most recent filing year (2023), Blind Cat Rescue & Sanctuary Inc reported a surplus of $330K, with revenue exceeding expenses. The organization holds $42K in liabilities against $5.0M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.2M | $5.0M | $42K | — | View 990 |
| 2022 | $2.0M | $1.1M | $4.4M | $28K | — | View 990 |
| 2021 | $1.5M | $933K | $3.8M | $9K | — | View 990 |
| 2020 | $1.5M | $962K | $3.2M | $10K | — | — |
| 2019 | $1.2M | $1.0M | $2.7M | $4K | — | View 990 |
| 2018 | $1.3M | $794K | $2.5M | $38K | — | View 990 |
| 2017 | $903K | $631K | $2.0M | $7K | — | — |
| 2016 | $840K | $580K | $1.7M | $3K | — | View 990 |
| 2015 | $975K | $633K | $1.5M | $0 | — | View 990 |
| 2014 | $926K | $530K | $1.1M | $0 | — | View 990 |
| 2013 | $528K | $395K | $697K | $0 | — | View 990 |
| 2012 | $470K | $281K | $564K | $0 | — | View 990 |
| 2011 | $237K | $142K | $377K | $3K | — | View 990 |
| 2010 | $213K | $66K | $280K | $404 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.2M, and assets of $5.0M (revenue -26.9% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.1M, and assets of $4.4M (revenue +32.5% year-over-year).
- 2021: Revenue of $1.5M, expenses of $933K, and assets of $3.8M (revenue +3.5% year-over-year).
- 2020: Revenue of $1.5M, expenses of $962K, and assets of $3.2M (revenue +19.2% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.0M, and assets of $2.7M (revenue -1.5% year-over-year).
- 2018: Revenue of $1.3M, expenses of $794K, and assets of $2.5M (revenue +39.7% year-over-year).
- 2017: Revenue of $903K, expenses of $631K, and assets of $2.0M (revenue +7.5% year-over-year).
- 2016: Revenue of $840K, expenses of $580K, and assets of $1.7M (revenue -13.9% year-over-year).
- 2015: Revenue of $975K, expenses of $633K, and assets of $1.5M (revenue +5.3% year-over-year).
- 2014: Revenue of $926K, expenses of $530K, and assets of $1.1M (revenue +75.3% year-over-year).
- 2013: Revenue of $528K, expenses of $395K, and assets of $697K (revenue +12.3% year-over-year).
- 2012: Revenue of $470K, expenses of $281K, and assets of $564K (revenue +98.6% year-over-year).
- 2011: Revenue of $237K, expenses of $142K, and assets of $377K (revenue +11.4% year-over-year).
- 2010: Revenue of $213K, expenses of $66K, and assets of $280K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blind Cat Rescue & Sanctuary Inc:
Data Sources and Methodology
This transparency report for Blind Cat Rescue & Sanctuary Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.