Spay-Mart Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To end euthanasia in metropolitan New Orleans area offering proactive adoption & spay/neuter initiatives.We own & operate a no-kill cat shelter & Kitten Foster Program. We are funded by private donations & grants
- Income
- $801,709
- Spending
- $829,544
- Spent on programs
- 88%
- Reserves
- 21.3 months of spending
- Largest source of income
- donations and private grants, 67%
- Employees
- 5
- Volunteers
- 100
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 71% of charities in its peer group (animals, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 21.3 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
8 of 15Spending exceeded income by 3% of income.
Income trend
15 of 15Income rose 34% on the year before.
Spending floor
15 of 1588% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 81 out of 100. Higher than 76% of charities in its peer group (animals, $250k to $1m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (11)
- $99,933 spent. FERAL COMMUNITY CAT PROGRAM & lOW-COST SPAY/NEUTER PROGRAM: Spaymarts community programming includes controlling the number of feral/community cats by promoting trap/neuter/return (TNR) as opposed to trap & kill. Utilizing local low-cost veterinarians,we neutered 245 feral cats & returned them to their community.Thanks to a grant from PetsMart Charities we also neutered 1,067 cats at pop-up clinics using the medical facility at the LA/SPCA with recruited vets and techs. We also offer a food pantry as added incentive for colony caregivers as supplies last.
- $475,682 spent. ADOPTIONS/SANCTUARY/THRIFT STORE & ADOPTION CENTER: Spaymart houses over 175 homeless cats annually. Our sanctuary located in semi-rural Picayune MS houses averaging 150 cats awaiting adoption. Each cat has been sterilized,vaccinated & microchipped, avoiding compounding pet overpopulation.Spaymart partners with PetsMart and others; we also promote on our website and Facebook pages. The Thriftstore/Adoption Center is an outlet for adopting older cats and is located in the New Orleans area. Combined Sanctuary/Thriftstore adoptions were 37 cats in 2024. We also transported 12 cats to other no-kill shelters where they have a good chance of adoption.
- $95,469 spent. KITTEN FOSTER PROGRAM: To assist people finding orphaned kittens & momcats to find alternative to euthanasia. KFP offers help fostering, finding low-cost vet services, spay/neuter (including momcats) & TNR if needed.KFP offers caretakers help in kitten care,support & advice to find best homes through our program. Kittens must be vaccinated, dewormed, spayed/neutered & microchipped before adoptions. Kittens are placed thru PetsMart,Petco and other partners & websites.All adopters are screened & approved prior to adoptions. An adoption fee reimburses KFP for vets, etc services. The KFP is an all-volunteer program and in 2024 placed 495 kittens & momcats into good homes.
- $52,319 spent. FELICITY FUND PROGRAM:medical treatment to 55 cats and 2 dogs belonging to indigent pet owners & feral/community cats needing critical vet services.
- $3,262 spent. LOW-COST VETERINARY HOSPITAL/CLINIC:Under development, will offer low-cost spay/neuter & other services.Land has been purchased, planning continues.
- Expenses: $52319.00 including grants of: $0.00 Revenue: $8355.00
- FELICITY FUND PROGRAM:medical treatment to 55 cats and 2 dogs belonging to
- indigent pet owners & feral/community cats needing critical vet services.
- Expenses: $3262.00 including grants of: $0.00 Revenue: $34824.00
- LOW-COST VETERINARY HOSPITAL/CLINIC:Under development, will offer low-cost
- spay/neuter & other services.Land has been purchased, planning continues.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.