Laurens County Humane Society
Analysis
Laurens County Humane Society is a registered charity in United States, based in Clinton, SC. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 February 2024, Laurens County Humane Society reported income of $194k and spending of $195k, spending 100% of its income. Across the 2 years on record, from February 2023 to February 2024, income fell from $231k to $194k (-16%), an average of -16% a year. The sharpest change came in the year to February 2024, when income dropped by 16%. Over the whole period it spent 89% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Laurens County Humane Society sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 59th percentile within SC. Charities of a similar size with the same main cause include Inland Empire Economic Partnership Foundation ($194k), Bridges Community Economic Development Corp ($194k) and Black Retail Action Group Inc ($194k).
On its Form 990 for the period ending February 2024, revenue came from contributions and grants 68% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $5,335 (2.7% of expenses). Other salaries and wages came to $90k. At year end it held assets of $462k against liabilities of $0, net assets of $462k. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 68%
- Program services 30%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Inland Empire Economic Partnership Foundation | Ontario | $194k |
| Bridges Community Economic Development Corp | Carson | $194k |
| Black Retail Action Group Inc | New York | $194k |
| Restoration of Petersburg Community Development Corporation | Petersburg | $194k |