Lake Humane Society

Analysis

Lake Humane Society is a registered charity in United States, based in Mentor, OH. It received its IRS tax-exemption ruling in June 1978, 48 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 2023, Lake Humane Society reported income of $1.8m and spending of $1.5m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.8m (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 94%. Over the whole period it spent 81% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lake Humane Society sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Humane Society of Shelby County ($1.8m), Wild Fish Conservancy ($1.8m) and Animal Defense League Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $61k (4.0% of expenses). Other salaries and wages came to $819k. At year end it held assets of $4.2m against liabilities of $87k, net assets of $4.1m. It reported 34 employees.