American Heartworm Society Inc

Analysis

American Heartworm Society Inc is a registered charity in United States, based in Apex, NC. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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 December 2023, American Heartworm Society Inc reported income of $733k and spending of $436k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $745k to $733k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Heartworm Society Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Camp Wyoming ($733k), Roscomare School Booster Club ($733k) and St Joseph Haitian Mission Manor Inc ($733k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 27% of the total. At year end it held assets of $1.1m against liabilities of $6,406, net assets of $1.1m.