Valley River Humane Society Inc
EIN: 581320604 · Murphy, NC · NTEE: D200
Is Valley River Humane Society Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Valley River Humane Society Inc
Valley River Humane Society Inc (EIN: 581320604) is a nonprofit organization based in Murphy, NC, classified under NTEE code D200. The organization reported total revenue of $1.5M and total assets of $860K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Valley River Humane Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Valley River Humane Society Inc is a mid-size nonprofit that has been operating for 48 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$276K |
| Total Assets | $1.0M |
| Net Assets | $1.0M |
| Operating Margin | 16.9% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2024, Valley River Humane Society Inc reported a surplus of $276K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Valley River Humane Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +71.9% | +55.5% | +38.2% |
| 2023 | +36.6% | +24.6% | +14.0% |
| 2022 | +19.2% | +26.9% | -1.4% |
| 2021 | -15.2% | +7.0% | +4.1% |
| 2020 | +29.9% | +3.3% | +34.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Valley River Humane Society Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Valley River Humane Society Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $276K, with revenue exceeding expenses.
Frequently Asked Questions about Valley River Humane Society Inc
Is Valley River Humane Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Valley River Humane Society Inc (EIN: 581320604) insufficient data. 0 red flags identified, 0 strengths noted.
How does Valley River Humane Society Inc spend its money?
Detailed spending breakdown data is not yet available for Valley River Humane Society Inc. Check back for updated IRS 990 analysis.
Are donations to Valley River Humane Society Inc tax-deductible?
Valley River Humane Society Inc is registered as a tax-exempt nonprofit (EIN: 581320604). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Valley River Humane Society Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Valley River Humane Society Inc's revenue has grown by 435.6%, moving from $304K to $1.6M. Total assets increased by 146.3% over the same period, from $416K to $1.0M. Total functional expenses rose by 291.7%, from $346K to $1.4M. In its most recent filing year (2024), Valley River Humane Society Inc reported a surplus of $276K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | $1.4M | $1.0M | $-5,454 | — | — |
| 2023 | $949K | $871K | $742K | $20K | — | View 990 |
| 2022 | $694K | $699K | $651K | $7K | — | View 990 |
| 2021 | $583K | $551K | $660K | $12K | — | — |
| 2020 | $687K | $515K | $634K | $18K | — | View 990 |
| 2019 | $529K | $498K | $471K | $6K | — | View 990 |
| 2018 | $482K | $505K | $440K | $6K | — | View 990 |
| 2017 | $475K | $430K | $468K | $11K | — | View 990 |
| 2016 | $386K | $404K | $424K | $13K | — | View 990 |
| 2015 | $403K | $362K | $458K | $29K | — | View 990 |
| 2014 | $365K | $325K | $420K | $32K | — | View 990 |
| 2013 | $361K | $408K | $383K | $35K | — | View 990 |
| 2012 | $328K | $342K | $401K | $6K | — | View 990 |
| 2011 | $304K | $346K | $416K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.6M, expenses of $1.4M, and assets of $1.0M (revenue +71.9% year-over-year).
- 2023: Revenue of $949K, expenses of $871K, and assets of $742K (revenue +36.6% year-over-year).
- 2022: Revenue of $694K, expenses of $699K, and assets of $651K (revenue +19.2% year-over-year).
- 2021: Revenue of $583K, expenses of $551K, and assets of $660K (revenue -15.2% year-over-year).
- 2020: Revenue of $687K, expenses of $515K, and assets of $634K (revenue +29.9% year-over-year).
- 2019: Revenue of $529K, expenses of $498K, and assets of $471K (revenue +9.8% year-over-year).
- 2018: Revenue of $482K, expenses of $505K, and assets of $440K (revenue +1.4% year-over-year).
- 2017: Revenue of $475K, expenses of $430K, and assets of $468K (revenue +23.1% year-over-year).
- 2016: Revenue of $386K, expenses of $404K, and assets of $424K (revenue -4.3% year-over-year).
- 2015: Revenue of $403K, expenses of $362K, and assets of $458K (revenue +10.5% year-over-year).
- 2014: Revenue of $365K, expenses of $325K, and assets of $420K (revenue +1.0% year-over-year).
- 2013: Revenue of $361K, expenses of $408K, and assets of $383K (revenue +10.1% year-over-year).
- 2012: Revenue of $328K, expenses of $342K, and assets of $401K (revenue +7.8% year-over-year).
- 2011: Revenue of $304K, expenses of $346K, and assets of $416K.
Data Sources and Methodology
This transparency report for Valley River 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.