Boone Area Humane Society Inc
Analysis
Boone Area Humane Society Inc is a registered charity in United States, based in Boone, IA. It received its IRS tax-exemption ruling in November 1980, 46 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 October 2023, Boone Area Humane Society Inc reported income of $443k and spending of $403k, spending 91% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $319k to $443k (+39%), an average of +8.5% a year. The sharpest change came in the year to October 2021, when income rose by 37%. Over the whole period it spent 107% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Boone Area Humane Society Inc 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 68th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Gerdas Equine Rescue Inc ($443k), Animal Rescue Mission ($443k) and Bighorn Institute ($442k).
On its Form 990 for the period ending October 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Other salaries and wages came to $200k. At year end it held assets of $478k against liabilities of $5,490, net assets of $472k. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 30%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gerdas Equine Rescue Inc | W Townshend | $443k |
| Animal Rescue Mission | W Hollywood | $443k |
| Bighorn Institute | Palm Desert | $442k |
| Chagrin Valley Pha Horse Shows Inc | Chagrin Falls | $443k |