Is Broome County Humane Society And Relief Association Legit?

The Broome County Humane Society And Relief Association demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade. In the latest filing (202312), the organization reported revenues of $1,599,298 against expenses of $1,539,274, indicating a surplus. Assets have shown steady growth, reaching $5,370,594 in 2023, up from $1,166,056 in 2014, which suggests effective asset management and financial stability. The organization's liabilities have remained relatively low, particularly in recent years, further reinforcing a strong balance sheet. Spending efficiency appears strong, as evidenced by the consistent surpluses and asset growth. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial picture suggests that the organization is managing its resources effectively to achieve its mission. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards operations rather than executive salaries, which is a positive sign for donors. Transparency is high regarding executive compensation, with 0% reported for officers in all available filings. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to public accountability. The organization's financial trajectory, marked by increasing assets and controlled liabilities, points to a well-managed and transparent operation.