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Humane Society of Sarasota County Inc

RegisteredEIN 59-6014943Sarasota, FLAnimals
Income$5.3m2022-12
Spending$4.5msame year
Spent / received67%4-year average
Size in its cause97th pctAnimals
Exempt since1954Publicly supported organisat
Employees70latest return

Analysis

Humane Society of Sarasota County Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in September 1954, 72 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 2022, Humane Society of Sarasota County Inc reported income of $5.3m and spending of $4.5m, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $4.6m to $5.3m (+16%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 67% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Humane Society of Sarasota County Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Bonefish & Tarpon Trust Inc ($5.3m), Project Chimps ($5.4m) and Great Lakes Fishery Trust Inc ($5.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 77% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $106k (2.4% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $21.3m against liabilities of $809k, net assets of $20.5m. It reported 70 employees.

Income and spending

$0$1.6m$3.2m$4.8m$6.4m2019 Income: $4,603,1272019 Spending: $3,082,97820192020 Income: $5,080,0842020 Spending: $3,049,17020202021 Income: $6,427,0232021 Spending: $3,764,52620212022 Income: $5,330,1112022 Spending: $4,458,2132022
IncomeSpending

Where the income comes from

  • Contributions & grants 77%
  • Program services 16%
  • Other 6.7%

Similar-sized charities, same cause

CharityLocationIncome
Bonefish & Tarpon Trust IncMiami$5.3m
Project ChimpsMorgantown$5.4m
Great Lakes Fishery Trust IncLansing$5.3m
The Bond Between PCMinnetonka$5.4m