Bangor Humane Society
Analysis
Bangor Humane Society is a registered charity in United States, based in Bangor, ME. It received its IRS tax-exemption ruling in June 1977, 49 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 April 2024, Bangor Humane Society reported income of $2.1m and spending of $1.8m, spending 87% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $1.3m to $2.1m (+57%), an average of +12% a year. The sharpest change came in the year to April 2024, when income rose by 88%. Over the whole period it spent 96% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Bangor Humane Society sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within ME. Charities of a similar size with the same main cause include Humane Network ($2.1m), Barn Sanctuary ($2.1m) and Hinsdale Humane Society ($2.1m).
On its Form 990 for the period ending April 2024, revenue came from contributions and grants 62% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $280k (15% of expenses). Other salaries and wages came to $511k. It paid $8,206 in professional fundraising fees. At year end it held assets of $5.0m against liabilities of $83k, net assets of $4.9m. It reported 29 employees.
Income and spending
Where the income comes from
- Contributions & grants 62%
- Program services 21%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Humane Network | Reno | $2.1m |
| Barn Sanctuary | Chelsea | $2.1m |
| Hinsdale Humane Society | Hinsdale | $2.1m |
| Pets & Pals | Stockton | $2.1m |