The Montgomery County Humane Society sits in a wealthy area with a supportive government that’s giving nearly $19 million for a new shelter. Neither of these things has kept it out of financial trouble.
Since President J.C. Crist took the reins in 2005, donations declined about 40 percent — dropping from about $235,000 in 2005 to about $140,000 in 2007. In that same period, the organization has lost half its capital, going from roughly $1.8 million to about $900,000 in cash and equivalent assets.
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