Gulf Coast Humane Society Inc
Analysis
Gulf Coast Humane Society Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in February 1951, 75 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, Gulf Coast Humane Society Inc reported income of $5.8m and spending of $4.2m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $5.8m (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 82% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Gulf Coast Humane Society 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 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Wenatchee Valley Humane Society Inc ($5.8m), Robert Potter League for Animals Inc ($5.8m) and World Animal Protection ($5.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $124k (3.0% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $11.7m against liabilities of $275k, net assets of $11.5m. It reported 85 employees.
Income and spending
Where the income comes from
- Contributions & grants 46%
- Program services 48%
- Other 6.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wenatchee Valley Humane Society Inc | Wenatchee | $5.8m |
| Robert Potter League for Animals Inc | Middletown | $5.8m |
| World Animal Protection | New York | $5.8m |
| Dane County Humane Society | Madison | $5.8m |