Watauga Humane Society

Analysis

Watauga Humane Society is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in August 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 June 2023, Watauga Humane Society reported income of $969k and spending of $1.1m, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.1m to $969k (-8.7%), an average of -3.0% a year. The sharpest change came in the year to June 2022, when income rose by 115%. Over the whole period it spent 67% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Watauga Humane Society sits at the 88th 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 79th percentile within NC. Charities of a similar size with the same main cause include Thomasville Thomas County Humane Society Inc ($969k), Longhopes Donkey Shelter Inc ($970k) and United Animal Friends ($968k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $53k (4.9% of expenses). Other salaries and wages came to $406k. At year end it held assets of $5.3m against liabilities of $816k, net assets of $4.5m. It reported 30 employees.