HUMANE SOCIETY OF BROWARD COUNTY
Mission Statement
The Humane Society of Broward County provides shelter, aid and responsible adoptions to animals entrusted to our care, and educates the community about respect and kindness to all animals. The Humane Society of Broward County relies on the generosity of our community and companies to fund our operations and programs budget. We do not get funding from the government, United Way or any other national or local organizations with similar names. Income sources are: adoption fees; services such as dog obedience, vaccination clinics, spay/neuter programs; pet boutique sales; fundraising events; grants; general donations and from those people who leave the shelter in their will. Every dollar is carefully spent to help the unwanted animals.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
72.6% | 84.8% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.6% | 9.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
15.8% | 4.1% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
201.6% | 101.5% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
29.7 mo | 17.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.7% | 4.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
62.0% | 79.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
4.7% | 10.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.5% | 9.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
15.9% | 4.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $11.8M | $9.9M | $24.6M | 72.6% | 139 |
| 2023 | $11.3M | $8.8M | $20.2M | 73.4% | 119 |
| 2022 | $10.1M | $8.3M | $16.8M | 73.5% | 122 |
| 2021 | $8.8M | $7.5M | N/A | — | 108 |
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