Humane Society of Charlotte Inc

Analysis

Humane Society of Charlotte Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 1979, 47 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 December 2023, Humane Society of Charlotte Inc reported income of $9.7m and spending of $6.1m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.8m to $9.7m (+66%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 66% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Humane Society of Charlotte Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Placer County Society for the Prevention of Cruelty to Animals ($9.6m), Kansas City Pet Project ($9.8m) and Erie County SPCA ($9.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $188k (3.1% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $25.2m against liabilities of $1.0m, net assets of $24.2m. It reported 108 employees.