Putnam County Humane Society Inc
Putnam County Humane Society Inc maintains strong financial reserves and reports no officer compensation.
EIN: 141435650 · Carmel, NY · NTEE: D200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $746K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $500,000. |
| Net Assets | $2.9M |
| Transparency Score | 92/100 |
Is Putnam County Humane Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Putnam County Humane Society Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Putnam County Humane Society Inc
Putnam County Humane Society Inc (EIN: 141435650) is a nonprofit organization based in Carmel, NY, classified under NTEE code D200. The organization reported total revenue of $1.7M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Putnam County Humane Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Putnam County Humane Society Inc is a mid-size nonprofit that has been operating for 68 years, with 14 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $762K |
| Total Expenses | $746K |
| Surplus / Deficit | +$16K |
| Total Assets | $2.9M |
| Total Liabilities | $41K |
| Net Assets | $2.9M |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 47.0 months |
Financial Health Grade: A
In 2023, Putnam County Humane Society Inc reported a surplus of $16K with revenue exceeding expenses, holds 47.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 14 years of filings (2009–2023), Putnam County Humane Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.9% | -1.2% | +1.5% |
| 2022 | -4.3% | +16.4% | +0.3% |
| 2021 | -8.1% | +10.2% | +4.1% |
| 2020 | +46.8% | -13.8% | +10.2% |
| 2019 | -59.2% | +12.8% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1958 |
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 Putnam County Humane Society Inc with a Mission Score of 92 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, Putnam County Humane Society Inc 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 surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for a nonprofit of this size with annual revenues consistently above $500,000.
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 Putnam County Humane Society Inc's IRS 990 filings:
- Fluctuating revenue streams, which could impact long-term planning if not managed with reserves.
Strengths
The following positive indicators were identified for Putnam County Humane Society Inc:
- Consistent reporting of 0% officer compensation, indicating high transparency and dedication of funds to mission.
- Strong and growing asset base, providing financial stability (e.g., $949,000 in 2016 to $2,925,051 in 2023).
- Very low liabilities across all reported periods, demonstrating sound financial management.
- Generally operates with an operational surplus, indicating efficient expense management (e.g., $15,880 surplus in 2023).
Frequently Asked Questions about Putnam County Humane Society Inc
Is Putnam County Humane Society Inc a legitimate charity?
Putnam County Humane Society Inc (EIN: 141435650) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Putnam County Humane Society Inc spend its money?
Putnam County Humane Society Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Putnam County Humane Society Inc tax-deductible?
Putnam County Humane Society Inc is registered as a tax-exempt nonprofit (EIN: 141435650). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Putnam County Humane Society Inc CEO make?
Putnam County Humane Society Inc's highest-compensated officer earns $500,000. annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Putnam County Humane Society Inc's spending goes to programs?
Putnam County Humane Society Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Putnam County Humane Society Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Putnam County Humane Society Inc is above average for NTEE category D200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Putnam County Humane Society Inc located?
Putnam County Humane Society Inc is headquartered in Carmel, New York and files with the IRS under EIN 141435650. It is classified under NTEE code D200.
How many years of IRS 990 filings does Putnam County Humane Society Inc have?
Putnam County Humane Society Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
Is Putnam County Humane Society Inc a good charity?
Based on the provided financial data, Putnam County Humane Society Inc appears to be a very good charity. It consistently maintains healthy assets, operates with low liabilities, and reports no officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How has the organization's revenue trended over the past few years?
The organization's revenue has fluctuated, with peaks in 2017 ($1,412,072) and 2018 ($1,421,625), but has been more consistently in the $700,000-$850,000 range in recent years (e.g., $762,301 in 2023, $748,328 in 2022).
What is the organization's asset-to-expense ratio?
In 2023, the organization's assets were $2,925,051 and expenses were $746,421, resulting in an asset-to-expense ratio of approximately 3.92, indicating nearly four years of operating reserves.
Filing History
IRS 990 filing history for Putnam County Humane Society Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2009–2023), Putnam County Humane Society Inc's revenue has grown by 19.8%, moving from $636K to $762K. Total assets increased by 309.3% over the same period, from $715K to $2.9M. Total functional expenses rose by 7.7%, from $693K to $746K. In its most recent filing year (2023), Putnam County Humane Society Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $41K in liabilities against $2.9M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $762K | $746K | $2.9M | $41K | — | — |
| 2022 | $748K | $756K | $2.9M | $35K | — | — |
| 2021 | $782K | $649K | $2.9M | $0 | — | View 990 |
| 2020 | $851K | $589K | $2.8M | $90 | — | — |
| 2019 | $580K | $683K | $2.5M | $137 | — | View 990 |
| 2018 | $1.4M | $606K | $2.6M | $163 | — | View 990 |
| 2017 | $1.4M | $563K | $1.8M | $176 | — | View 990 |
| 2016 | $562K | $573K | $949K | $252 | — | View 990 |
| 2015 | $667K | $643K | $964K | $49K | — | View 990 |
| 2014 | $709K | $624K | $924K | $32K | — | View 990 |
| 2013 | $853K | $672K | $844K | $37K | — | View 990 |
| 2012 | $630K | $629K | $663K | $31K | — | View 990 |
| 2011 | $640K | $719K | $660K | $30K | — | View 990 |
| 2009 | $636K | $693K | $715K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $762K, expenses of $746K, and assets of $2.9M (revenue +1.9% year-over-year).
- 2022: Revenue of $748K, expenses of $756K, and assets of $2.9M (revenue -4.3% year-over-year).
- 2021: Revenue of $782K, expenses of $649K, and assets of $2.9M (revenue -8.1% year-over-year).
- 2020: Revenue of $851K, expenses of $589K, and assets of $2.8M (revenue +46.8% year-over-year).
- 2019: Revenue of $580K, expenses of $683K, and assets of $2.5M (revenue -59.2% year-over-year).
- 2018: Revenue of $1.4M, expenses of $606K, and assets of $2.6M (revenue +0.7% year-over-year).
- 2017: Revenue of $1.4M, expenses of $563K, and assets of $1.8M (revenue +151.2% year-over-year).
- 2016: Revenue of $562K, expenses of $573K, and assets of $949K (revenue -15.7% year-over-year).
- 2015: Revenue of $667K, expenses of $643K, and assets of $964K (revenue -5.9% year-over-year).
- 2014: Revenue of $709K, expenses of $624K, and assets of $924K (revenue -16.9% year-over-year).
- 2013: Revenue of $853K, expenses of $672K, and assets of $844K (revenue +35.3% year-over-year).
- 2012: Revenue of $630K, expenses of $629K, and assets of $663K (revenue -1.5% year-over-year).
- 2011: Revenue of $640K, expenses of $719K, and assets of $660K (revenue +0.6% year-over-year).
- 2009: Revenue of $636K, expenses of $693K, and assets of $715K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Putnam County Humane Society Inc:
Data Sources and Methodology
This transparency report for Putnam County Humane Society Inc 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.