Headwaters Animal Shelter

Analysis

Headwaters Animal Shelter is a registered charity in United States, based in Park Rapids, MN. It received its IRS tax-exemption ruling in November 1998, 28 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 December 2022, Headwaters Animal Shelter reported income of $175k and spending of $199k, spending 114% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $219k to $175k (-20%), an average of -7.2% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Headwaters Animal Shelter sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Erie Bird Observatory ($174k), Paws in the Panhandle Rescue and Adoption ($175k) and Az Husky Rescue ($174k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 39% and program service revenue 21% of the total. Other salaries and wages came to $141k. At year end it held assets of $425k against liabilities of $0, net assets of $425k. It reported 24 employees.