Forsyth Humane Society
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
Where the income comes from
- Contributions & grants 95%
- Program services 5.4%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Windham County Humane Society | Brattleboro | $3.5m |
| Planned Pethood of Pasco Inc | Zephyrhills | $3.5m |
| Safehaven Humane Society | Tangent | $3.5m |
| California State Wildlife Foundation | Berkeley | $3.5m |