Humane Society Of New York
Humane Society of New York maintains strong asset base with zero reported officer compensation despite fluctuating revenues.
EIN: 131624041 · New York, NY · NTEE: D200 · Updated: 2026-03-28
Is Humane Society Of New York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Humane Society Of New York directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Humane Society Of New York
Humane Society Of New York (EIN: 131624041) is a nonprofit organization based in New York, NY, classified under NTEE code D200. The organization reported total revenue of $22.6M and total assets of $46.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Humane Society Of New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Humane Society Of New York is a large nonprofit that has been operating for 76 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.6M |
| Total Expenses | $7.0M |
| Surplus / Deficit | $-365,357 |
| Total Assets | $43.7M |
| Total Liabilities | $650K |
| Net Assets | $43.1M |
| Operating Margin | -5.5% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 75.2 months |
Financial Health Grade: B
In 2023, Humane Society Of New York reported a deficit of $365K with expenses exceeding revenue, holds 75.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Humane Society Of New York's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +197.3% | +8.6% | +3.7% |
| 2022 | -74.8% | +10.7% | -8.5% |
| 2021 | +47.3% | -2.1% | +7.7% |
| 2020 | -0.8% | -8.4% | +2.1% |
| 2019 | -11.9% | +4.2% | +5.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1950 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Humane Society Of New York with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Humane Society Of New York allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $365K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.5%.
Executive Compensation Analysis
The Humane Society of New York consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no compensation is paid to officers or that it is covered by other means not classified as officer compensation. This is highly unusual for an organization with assets exceeding $40 million and annual expenses around $6-7 million, suggesting a strong commitment to directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Humane Society Of New York's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $8.8M in 2021 to $2.2M in 2022 to $6.6M in 2023) could indicate reliance on unpredictable funding sources or large one-time donations.
- Expenses sometimes exceed revenue (e.g., 2023: $6.9M expenses vs. $6.6M revenue; 2022: $6.4M expenses vs. $2.2M revenue), indicating reliance on reserves or prior year surpluses to cover operational costs.
Strengths
The following positive indicators were identified for Humane Society Of New York:
- Strong and growing asset base, reaching $43,711,644 in 2023, providing long-term financial stability.
- Consistently low liabilities relative to assets, indicating sound financial management and solvency.
- Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to mission-focused spending and transparency.
- Stable operational expense levels (around $5.4M-$7M annually) despite revenue fluctuations, suggesting consistent program delivery.
Frequently Asked Questions about Humane Society Of New York
Is Humane Society Of New York a legitimate charity?
Based on AI analysis of IRS 990 filings, Humane Society Of New York (EIN: 131624041) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Humane Society Of New York spend its money?
Humane Society Of New York directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Humane Society Of New York tax-deductible?
Humane Society Of New York is registered as a tax-exempt nonprofit (EIN: 131624041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Humane Society of New York a good charity?
Based on the available IRS 990 data, the Humane Society of New York appears to be a good charity. It maintains a strong asset base ($43,711,644 in 2023), consistently low liabilities, and notably reports 0% officer compensation across all filings, indicating a strong commitment to its mission and efficient use of funds.
How does the organization manage its finances given fluctuating revenues?
Despite significant fluctuations in annual revenue (e.g., $2.2M in 2022 vs. $8.8M in 2021), the organization maintains a stable expense level (around $5.4M-$7M annually) and a substantial asset base (over $40M). This suggests effective financial planning and reliance on its reserves to maintain operations during leaner revenue periods.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is highly significant. It suggests that the organization's leadership may be entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the 990. This practice, if accurate, demonstrates an exceptional commitment to minimizing administrative overhead and maximizing funds for programmatic activities.
Filing History
IRS 990 filing history for Humane Society Of New York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Humane Society Of New York's revenue has declined by 16%, moving from $7.9M to $6.6M. Total assets increased by 65.6% over the same period, from $26.4M to $43.7M. Total functional expenses rose by 45.5%, from $4.8M to $7.0M. In its most recent filing year (2023), Humane Society Of New York reported a deficit of $365K, with expenses exceeding revenue. The organization holds $650K in liabilities against $43.7M in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $43.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.6M | $7.0M | $43.7M | $650K | — | — |
| 2022 | $2.2M | $6.4M | $42.2M | $637K | — | View 990 |
| 2021 | $8.8M | $5.8M | $46.1M | $342K | — | View 990 |
| 2020 | $6.0M | $5.9M | $42.8M | $415K | — | View 990 |
| 2019 | $6.0M | $6.5M | $41.9M | $480K | — | View 990 |
| 2018 | $6.8M | $6.2M | $39.6M | $441K | — | View 990 |
| 2017 | $6.8M | $5.6M | $39.7M | $285K | — | View 990 |
| 2016 | $10.3M | $5.4M | $37.1M | $342K | — | View 990 |
| 2015 | $6.7M | $5.6M | $31.4M | $398K | — | View 990 |
| 2014 | $6.8M | $5.7M | $30.6M | $193K | — | View 990 |
| 2013 | $7.5M | $5.3M | $29.4M | $269K | — | View 990 |
| 2012 | $6.1M | $5.2M | $27.4M | $424K | — | View 990 |
| 2011 | $7.9M | $4.8M | $26.4M | $244K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.6M, expenses of $7.0M, and assets of $43.7M (revenue +197.3% year-over-year).
- 2022: Revenue of $2.2M, expenses of $6.4M, and assets of $42.2M (revenue -74.8% year-over-year).
- 2021: Revenue of $8.8M, expenses of $5.8M, and assets of $46.1M (revenue +47.3% year-over-year).
- 2020: Revenue of $6.0M, expenses of $5.9M, and assets of $42.8M (revenue -0.8% year-over-year).
- 2019: Revenue of $6.0M, expenses of $6.5M, and assets of $41.9M (revenue -11.9% year-over-year).
- 2018: Revenue of $6.8M, expenses of $6.2M, and assets of $39.6M (revenue +1.4% year-over-year).
- 2017: Revenue of $6.8M, expenses of $5.6M, and assets of $39.7M (revenue -34.2% year-over-year).
- 2016: Revenue of $10.3M, expenses of $5.4M, and assets of $37.1M (revenue +54.3% year-over-year).
- 2015: Revenue of $6.7M, expenses of $5.6M, and assets of $31.4M (revenue -2.0% year-over-year).
- 2014: Revenue of $6.8M, expenses of $5.7M, and assets of $30.6M (revenue -9.0% year-over-year).
- 2013: Revenue of $7.5M, expenses of $5.3M, and assets of $29.4M (revenue +22.8% year-over-year).
- 2012: Revenue of $6.1M, expenses of $5.2M, and assets of $27.4M (revenue -22.8% year-over-year).
- 2011: Revenue of $7.9M, expenses of $4.8M, and assets of $26.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Humane Society Of New York:
Data Sources and Methodology
This transparency report for Humane Society Of New York is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.