Humane Society of Odessa

Analysis

Humane Society of Odessa is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Humane Society of Odessa reported income of $917k and spending of $801k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $917k (+195%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 914%. Over the whole period it spent 57% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Humane Society of Odessa sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Erie Downtown Partnership ($917k), Worcester Public Market Inc ($919k) and Community Learning Center Inc ($916k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $103k (13% of expenses). At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 3 employees.