Animal Humane Society Veterinary Centers PC

Analysis

Animal Humane Society Veterinary Centers PC is a registered charity in United States, based in Golden Valley, MN. It received its IRS tax-exemption ruling in October 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Animal Humane Society Veterinary Centers PC reported income of $2.4m and spending of $3.7m, spending 153% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $2.4m (+89%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 46%. Over the whole period it spent 172% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Animal Humane Society Veterinary Centers PC 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 87th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Aeris Insight Inc ($2.4m), Buckingham Community Services Inc ($2.4m) and Lake County Community Development Corporation ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $15k against liabilities of $7.2m, net assets of -$7.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.