Somerset Humane Society

Analysis

Somerset Humane Society is a registered charity in United States, based in Skowhegan, ME. It received its IRS tax-exemption ruling in July 1985, 41 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, Somerset Humane Society reported income of $467k and spending of $460k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $467k (+56%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 460%. Over the whole period it spent 56% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Somerset Humane Society sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within ME. Charities of a similar size with the same main cause include Whitetail Heritage of Ohio Inc ($466k), Yakima Basin Fish & Wildliferecovery Board ($467k) and Servants Heart Ranch Inc ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $50k (11% of expenses). Other salaries and wages came to $199k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 14 employees.