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Baypath Humane Society of Hopkinton Inc

RegisteredEIN 04-2625753Hopkinton, MAAnimals
Income$2.4m2024-06
Spending$1.3msame year
Spent / received55%5-year average
Size in its cause94th pctAnimals
Exempt since1977Publicly supported organisat
Employees19latest return

Analysis

Baypath Humane Society of Hopkinton Inc is a registered charity in United States, based in Hopkinton, MA. It received its IRS tax-exemption ruling in November 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 June 2024, Baypath Humane Society of Hopkinton Inc reported income of $2.4m and spending of $1.3m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $976k to $2.4m (+143%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 133%. Over the whole period it spent 55% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Baypath Humane Society of Hopkinton Inc 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 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include SPCA of North Brevard Inc ($2.4m), The Humane Society for Greater Savannah Inc ($2.4m) and Jameson Animal Rescue Ranch ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $114k (8.5% of expenses). Other salaries and wages came to $504k. At year end it held assets of $5.4m against liabilities of $210k, net assets of $5.2m. It reported 19 employees.

Income and spending

$0$870k$1.7m$2.6m$3.5m2020 Income: $975,8892020 Spending: $764,23920202021 Income: $1,137,0792021 Spending: $800,35020212022 Income: $1,491,0652022 Spending: $963,35720222023 Income: $3,479,2072023 Spending: $1,340,84820232024 Income: $2,375,4962024 Spending: $1,343,3172024
IncomeSpending

Where the income comes from

  • Contributions & grants 87%
  • Program services 12%
  • Other 1.0%

Similar-sized charities, same cause

CharityLocationIncome
SPCA of North Brevard IncTitusville$2.4m
The Humane Society for Greater Savannah IncSavannah$2.4m
Jameson Animal Rescue RanchSaint Helena$2.4m
Fauquier S P C a IncorporatedWarrenton$2.4m