Safe Haven For Cats
EIN: 561916620 · Raleigh, NC · NTEE: D200
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.8M |
| Net Assets | $1.7M |
Is Safe Haven For Cats Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Safe Haven For Cats
Safe Haven For Cats (EIN: 561916620) is a nonprofit organization based in Raleigh, NC, classified under NTEE code D200. The organization reported total revenue of $1.5M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Safe Haven For Cats's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Safe Haven For Cats is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-180,722 |
| Total Assets | $1.8M |
| Total Liabilities | $35K |
| Net Assets | $1.7M |
| Operating Margin | -11.5% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 12.2 months |
Financial Health Grade: B
In 2023, Safe Haven For Cats reported a deficit of $181K with expenses exceeding revenue, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Safe Haven For Cats's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +12.3% | -7.2% |
| 2022 | +1.8% | +21.1% | -0.5% |
| 2021 | -4.9% | +23.5% | +14.3% |
| 2020 | +61.3% | +19.1% | +49.7% |
| 2019 | -0.4% | +1.1% | +11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2400 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Safe Haven For Cats has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Safe Haven For Cats with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $181K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about Safe Haven For Cats
Is Safe Haven For Cats a legitimate charity?
Safe Haven For Cats (EIN: 561916620) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: B.
How does Safe Haven For Cats spend its money?
Safe Haven For Cats reported $1.5M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Safe Haven For Cats tax-deductible?
Safe Haven For Cats is registered as a tax-exempt nonprofit (EIN: 561916620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Safe Haven For Cats located?
Safe Haven For Cats is headquartered in Raleigh, North Carolina and files with the IRS under EIN 561916620. It is classified under NTEE code D200.
How many years of IRS 990 filings does Safe Haven For Cats have?
Safe Haven For Cats has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.5M in total revenue.
Filing History
IRS 990 filing history for Safe Haven For Cats showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Safe Haven For Cats's revenue has grown by 217.1%, moving from $497K to $1.6M. Total assets increased by 161.7% over the same period, from $681K to $1.8M. Total functional expenses rose by 226.7%, from $538K to $1.8M. In its most recent filing year (2023), Safe Haven For Cats reported a deficit of $181K, with expenses exceeding revenue. The organization holds $35K in liabilities against $1.8M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.8M | $1.8M | $35K | — | View 990 |
| 2022 | $1.6M | $1.6M | $1.9M | $19K | — | View 990 |
| 2021 | $1.5M | $1.3M | $1.9M | $18K | — | View 990 |
| 2020 | $1.6M | $1.0M | $1.7M | $12K | — | View 990 |
| 2019 | $996K | $879K | $1.1M | $10K | — | View 990 |
| 2018 | $1000K | $870K | $1.0M | $7K | — | View 990 |
| 2017 | $994K | $915K | $891K | $20K | — | View 990 |
| 2016 | $979K | $890K | $800K | $9K | — | View 990 |
| 2015 | $867K | $783K | $703K | $1K | — | View 990 |
| 2014 | $796K | $880K | $629K | $11K | — | View 990 |
| 2013 | $800K | $819K | $715K | $14K | — | View 990 |
| 2012 | $720K | $679K | $730K | $9K | — | View 990 |
| 2011 | $497K | $538K | $681K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.8M, and assets of $1.8M (revenue +1.4% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $1.9M (revenue +1.8% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.3M, and assets of $1.9M (revenue -4.9% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.0M, and assets of $1.7M (revenue +61.3% year-over-year).
- 2019: Revenue of $996K, expenses of $879K, and assets of $1.1M (revenue -0.4% year-over-year).
- 2018: Revenue of $1000K, expenses of $870K, and assets of $1.0M (revenue +0.6% year-over-year).
- 2017: Revenue of $994K, expenses of $915K, and assets of $891K (revenue +1.5% year-over-year).
- 2016: Revenue of $979K, expenses of $890K, and assets of $800K (revenue +13.0% year-over-year).
- 2015: Revenue of $867K, expenses of $783K, and assets of $703K (revenue +8.9% year-over-year).
- 2014: Revenue of $796K, expenses of $880K, and assets of $629K (revenue -0.5% year-over-year).
- 2013: Revenue of $800K, expenses of $819K, and assets of $715K (revenue +11.1% year-over-year).
- 2012: Revenue of $720K, expenses of $679K, and assets of $730K (revenue +44.8% year-over-year).
- 2011: Revenue of $497K, expenses of $538K, and assets of $681K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Safe Haven For Cats:
Data Sources and Methodology
This transparency report for Safe Haven For Cats 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.