Lake Martin Humane Society Inc

Analysis

Lake Martin Humane Society Inc is a registered charity in United States, based in Alex City, AL. It received its IRS tax-exemption ruling in January 1984, 42 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, Lake Martin Humane Society Inc reported income of $210k and spending of $216k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $215k to $210k (-2.2%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Lake Martin Humane Society Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within AL. Charities of a similar size with the same main cause include White Pig Animal Sanctuary Inc ($210k), Safe Haven Rescue of Ms ($210k) and Pitties and Pals Rescue ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 15% of the total. Other salaries and wages came to $136k. At year end it held assets of $655k against liabilities of $1,542, net assets of $653k. It reported 8 employees.