Florence E Herman Charitable Trust

Analysis

Florence E Herman Charitable Trust is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Florence E Herman Charitable Trust reported income of $80k and spending of $121k, spending 151% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $78k to $80k (+2.4%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income rose by 51%. Over the whole period it spent 135% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Florence E Herman Charitable Trust sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within MI. Charities of a similar size with the same main cause include Woodbridge Animal Group ($80k), River Pines Horse Sanctuary ($80k) and Gonzales Dog Adoptions Inc ($80k).

Compensation of current officers, directors and key employees was $15k (12% of expenses). At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.