Humane Society of Bay County Inc

Analysis

Humane Society of Bay County Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in February 2023, 3 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 2022, Humane Society of Bay County Inc reported income of $839k and spending of $65k, leaving 92% of income unspent that year. Across the 4 years on record, from June 2020 to December 2022, income grew from $249k to $839k (+237%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 563%. Over the whole period it spent 31% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Humane Society of Bay County Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Happily Ever After Animal Sanctuaryinc ($839k), Minnesota Humane Society ($840k) and Animal Rescue Project ($838k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Other salaries and wages came to $45k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.