AVERY COUNTY N C HUMANE SOCIETY INC
Mission Statement
Avery County Humane Society is a 501c3 non-profit charitable organization. Our mission is to respond humanely to the needs of animals in Avery County. Income sources include adoption fees, Happy Paws Pet Boutique located in the shelter, Paws and Claws resale store, fundraising events, grants, and general donations. The funds allocated by Avery County government comprise less than 3% of the annual budget. Avery County Humane Society receives no direct funding from state or federal government, United Way, or any national group such as ASPCA or Humane Society of the US. We have been operating as a community non-profit organization since 1978 and moved into our current shelter facility in April 2012. Our shelter can house approximately 95 animals and had more than 800 adoptions in 2017. We also help reunite more than 100 lost pets with their owners each year. Visitors are always welcome at our shelter. In fact, we have approximately 1,500 visitors per year.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
83.9% | 84.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.3% | 9.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.8% | 4.6% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
185.1% | 134.5% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
56.2 mo | 18.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.6% | 5.4% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
85.7% | 80.2% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
21.7% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.7% | 11.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-17.9% | 3.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $850K | $1.0M | $4.7M | 83.9% | 33 |
| 2022 | $698K | $896K | $4.8M | 77.8% | 33 |
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