The Humane Society of Boulder Valley Inc
Analysis
The Humane Society of Boulder Valley Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in March 1933, 93 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, The Humane Society of Boulder Valley Inc reported income of $7.1m and spending of $7.6m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $7.1m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 90% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, The Humane Society of Boulder Valley Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Mississippi Aquarium ($7.0m), Animal Defense League ($7.1m) and Wild Animal Initiative Inc ($7.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $209k (2.8% of expenses). Other salaries and wages came to $4.4m. It paid $64k in professional fundraising fees. At year end it held assets of $17.1m against liabilities of $597k, net assets of $16.5m. It reported 146 employees.
Income and spending
Where the income comes from
- Contributions & grants 39%
- Program services 51%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mississippi Aquarium | Gulfport | $7.0m |
| Animal Defense League | San Antonio | $7.1m |
| Wild Animal Initiative Inc | Minneapolis | $7.0m |
| SPCA of Westchester Inc | Briarcliff | $7.2m |