Lakeshore Humane Society Inc

Analysis

Lakeshore Humane Society Inc is a registered charity in United States, based in Manitowoc, WI. It received its IRS tax-exemption ruling in May 1971, 55 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 May 2023, Lakeshore Humane Society Inc reported income of $566k and spending of $546k, spending 96% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $500k to $566k (+13%), an average of +3.1% a year. The sharpest change came in the year to May 2023, when income dropped by 25%. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lakeshore Humane Society Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include Friends of Animal Rescue ($566k), Wildlife Waystation Inc ($566k) and Animal Shelter Society Inc ($565k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 70% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $40k (7.4% of expenses). Other salaries and wages came to $225k. At year end it held assets of $959k against liabilities of $19k, net assets of $940k. It reported 31 employees.