Heart of Minnesota Animal Shelter
Analysis
Heart of Minnesota Animal Shelter is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in October 1999, 27 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, Heart of Minnesota Animal Shelter reported income of $464k and spending of $304k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $464k (+186%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 69%. 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, Heart of Minnesota Animal Shelter sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Society for Prevention of Cruelty to Animals of Volusia Inc ($464k), Hero Dog Rescue Inc ($464k) and Kitty Angels Inc ($464k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 19% of the total. Other salaries and wages came to $114k. At year end it held assets of $837k against liabilities of $121k, net assets of $717k. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 65%
- Program services 19%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Society for Prevention of Cruelty to Animals of Volusia Inc | Orange City | $464k |
| Hero Dog Rescue Inc | Cumming | $464k |
| Kitty Angels Inc | Tyngsborough | $464k |
| Humane Society of Monroe County Inc | Monroe | $464k |