Humane Society Waterville Area

Analysis

Humane Society Waterville Area is a registered charity in United States, based in Waterville, ME. It received its IRS tax-exemption ruling in December 1970, 56 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, Humane Society Waterville Area reported income of $1.0m and spending of $976k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $723k to $1.0m (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 107% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Humane Society Waterville Area sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within ME. Charities of a similar size with the same main cause include The Florida Humane Society Inc ($1.0m), Alliance for Companion Animals Inc ($1.0m) and United States Pre Association Inc ($1000k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $72k (7.4% of expenses). Other salaries and wages came to $376k. At year end it held assets of $817k against liabilities of $264k, net assets of $552k. It reported 26 employees.