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Forsyth Humane Society

RegisteredEIN 23-7055886Winston Salem, NCAnimals
Income$3.5m2024-03
Spending$2.6msame year
Spent / received90%6-year average
Size in its cause96th pctAnimals
Exempt since1971Publicly supported organisat
Employees44latest return

Analysis

Forsyth Humane Society is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in September 1971, 55 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Forsyth Humane Society reported income of $3.5m and spending of $2.6m, leaving 26% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income grew from $2.3m to $3.5m (+54%), an average of +9.0% a year. The sharpest change came in the year to March 2021, when income rose by 57%. Over the whole period it spent 90% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Forsyth 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 91st percentile within NC. Charities of a similar size with the same main cause include Windham County Humane Society ($3.5m), Planned Pethood of Pasco Inc ($3.5m) and Safehaven Humane Society ($3.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 95% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $142k (5.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $6.7m against liabilities of $730k, net assets of $5.9m. It reported 44 employees.

Income and spending

$0$873k$1.7m$2.6m$3.5m2019 Income: $2,262,7212019 Spending: $2,431,17720192020 Income: $2,226,8532020 Spending: $2,565,19120202021 Income: $3,493,0272021 Spending: $2,196,25220212022 Income: $2,763,4122022 Spending: $2,780,62820222023 Income: $3,327,3302023 Spending: $3,187,06520232024 Income: $3,481,2252024 Spending: $2,589,3752024
IncomeSpending

Where the income comes from

  • Contributions & grants 95%
  • Program services 5.4%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Windham County Humane SocietyBrattleboro$3.5m
Planned Pethood of Pasco IncZephyrhills$3.5m
Safehaven Humane SocietyTangent$3.5m
California State Wildlife FoundationBerkeley$3.5m