CENTER FOR A HUMANE ECONOMY INC Charity Report

Public IRS 990 nonprofit record

CENTER FOR A HUMANE ECONOMY INC

EIN 83-2620507 · Research Institutes & Public Policy Analysis (D05)

What they do

THERE ARE MANY PATHWAYS for IMPROVING THE LIVES of ANIMALS, BUT ENCOURAGING CORPORATIONS to EMBED ANIMAL PROTECTION VALUES INTO THEIR PRODUCTION PRACTICES, SUPPLY CHAINS, MARKETING EFFORTS and RESEARCH and DEVELOPMENT ACTIVITIES MAY BE THE MOST CONSEQUENTIAL. THE CENTER is THE FIRST ORGANIZATION IN THE FIELD of ANIMAL PROTECTION SOLELY FOCUSED ON INFLUENCING THE WORKINGS of BUSINESSES to FORGE A HUMANE ECONOMIC ORDER. THE CENTER WORKS WITH CORPORATIONS to ALERT THEM to THEIR RESPONSIBILITIES IN A CULTURE WHERE CONSUMERS, INVESTORS and OTHER KEY STAKEHOLDERS ABHOR CRUELTY and EMBRACE INNOVATION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $73.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

61.02%of revenue went to mission work73.7% of expenses · Program services

2.87%of revenue went to fundraising3.5% of expenses

$82.84spent for every $100 of revenueRevenue covered expenses this year.

18.95%of revenue went to management and office costs22.9% of expenses

$1.09in assets for every $1 spent this yearSome assets cannot be spent right away.

84.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $126,954 for KAREN DUARTE (DIRECTOR OF PHILANTHROPY). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,869,202

Mission workProgram services$2,361,14961.02% of revenue73.7% of expenses

ManagementOffice and general costs$733,10718.95% of revenue22.9% of expenses

FundraisingAsking for donations$110,9032.87% of revenue3.5% of expenses

Revenue left after expensesReported annual surplus$664,04317.16% of revenueShown in gray on the chart

Total expenses$3,205,15982.84% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 73.7% mission · 22.9% management · 3.5% fundraisingTotal expenses: 82.84% of revenue

2022Expense mix: 84.9% mission · 9.7% management · 5.5% fundraisingTotal expenses: 90.39% of revenue

2021Expense mix: 85.5% mission · 7.9% management · 6.6% fundraisingTotal expenses: 59.23% of revenue

2020Expense mix: 90.8% mission · 4.5% management · 4.6% fundraisingTotal expenses: 73.72% of revenue

2019Expense mix: 92.4% mission · 3.8% management · 3.8% fundraisingTotal expenses: 64.61% of revenue

Money in and money out

Revenue$3,869,202

Expenses$3,205,159

Annual surplus $664,043 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,361,149 · 73.7% of expenses

Management and office costs$733,107 · 22.9% of expenses

Fundraising$110,903 · 3.5% of expenses

See all reported dollar amounts

Revenue$3,869,202

Expenses$3,205,159

Assets$3,490,655

Income$4,266,185

Contributions$3,254,261

Mission work (program services)$2,361,149

Fundraising$110,903

Management and general$733,107

Accounting fees$1,650

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KAREN DUARTEDIRECTOR OF PHILANTHROPY · 40 hrs/week $126,954

ZACHARY BENNETTSENIOR POLICY COUNSEL · 40 hrs/week $125,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

KAREN DUARTEDIRECTOR OF PHILANTHROPY

ZACHARY BENNETTSENIOR POLICY COUNSEL

CYNTHIA GRIFFINDIRECTOR

GERARD BOSSDIRECTOR

MARIAN PROBSTDIRECTOR

MURIEL VAN HOUSENDIRECTOR

RENE TATRODIRECTOR

SHERRY KELLETTDIRECTOR

WAYNE PACELLEPRESIDENT

About this charity

Recognized since: January 2019
Location: PO BOX 30845, BETHESDA, MD 20824-0845
County: Montgomery
In care of: % ANDREW K NIEBLER
Primary officer: SHERRY KELLETT, TREASURER

How to reach them

WebsiteVisit the charity’s website Emailinfo@centerforahumaneeconomy.org Phone(336) 813-1677

Filing and classification

Latest tax year: 2023
Tax period began: November 1, 2023
Return type: 990
Tax preparer: REARDON AND COMPANY LLP
NTEE classification: Research Institutes & Public Policy Analysis (D05)
IRS tax category: Research Institutes & Public Policy Analysis