Kennebec Valley Humane Society
Analysis
Kennebec Valley Humane Society is a registered charity in United States, based in Augusta, ME. It received its IRS tax-exemption ruling in July 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, Kennebec Valley Humane Society reported income of $3.7m and spending of $1.2m, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $871k to $3.7m (+330%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 138%. Over the whole period it spent 41% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Kennebec Valley Humane Society sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within ME. Charities of a similar size with the same main cause include Polar Bears International ($3.7m), American Veterinary Medical Foundation ($3.7m) and Oklahoma Humane Society ($3.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $77k (6.3% of expenses). Other salaries and wages came to $524k. At year end it held assets of $9.3m against liabilities of $613k, net assets of $8.7m. It reported 25 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 8.5%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Polar Bears International | Bozeman | $3.7m |
| American Veterinary Medical Foundation | Schaumburg | $3.7m |
| Oklahoma Humane Society | Oklahoma City | $3.7m |
| Wildlife Foundation of Virginia Inc | Norge | $3.7m |