Little Traverse Bay Humane Society

Analysis

Little Traverse Bay Humane Society is a registered charity in United States, based in Harbor SPGS, MI. It received its IRS tax-exemption ruling in September 1951, 75 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, Little Traverse Bay Humane Society reported income of $3.6m and spending of $3.7m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.6m (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Little Traverse Bay Humane Society sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MI. Charities of a similar size with the same main cause include Animal Shelter of Wood River Valley ($3.6m), Spring Farm Center Alternative Research Education Sanctuary ($3.6m) and Friends of Indianapolis Animal Care & Control Foundation Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $154k (4.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $8.4m against liabilities of $158k, net assets of $8.2m. It reported 77 employees.