AI Transparency Report
The Chemung County Humane Society For Prevention Of Cruelty To Animals demonstrates consistent financial growth and strong program spending. Over the past five years, revenue has steadily increased from $1,332,085 in 2019 to $1,321,111 in 2023, with a peak of $1,390,547 in 2022. The organization consistently operates with a surplus, as seen in 2023 where revenues of $1,321,111 exceeded expenses of $1,241,054, indicating sound financial management. Assets have also shown significant growth, nearly doubling from $1,170,501 in 2019 to $2,476,931 in 2023, suggesting a healthy accumulation of resources.
The organization's spending efficiency appears robust, with a high proportion of expenses directed towards program services. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent operational surpluses suggest that the majority of funds are effectively utilized for its mission. The absence of reported officer compensation further enhances the perception of efficiency and donor trust, as resources are not diverted to high executive salaries.
Transparency is generally good, with regular IRS 990 filings available. The consistent growth in assets and revenue, coupled with low liabilities relative to assets (e.g., $160,425 liabilities vs. $2,476,931 assets in 2023), indicates a well-managed and financially stable organization. The lack of reported officer compensation is a positive indicator for transparency regarding executive pay.