Galveston Island Humane Society Inc

Analysis

Galveston Island Humane Society Inc is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in June 1981, 45 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, Galveston Island Humane Society Inc reported income of $1.1m and spending of $1.1m, spending 97% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $999k to $1.1m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 95% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Galveston Island Humane Society Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Safe Heaven a Healing Place Inc ($1.1m), Saving Grace Inc ($1.1m) and Dreamchaser Pmu Horse Rescue and Rehabilitation Inc ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 47% and program service revenue 31% of the total. Other salaries and wages came to $463k. At year end it held assets of $3.9m against liabilities of $214k, net assets of $3.6m. It reported 32 employees.