Massachusetts Society for the Prevention of Cruelty to Animals
Analysis
Massachusetts Society for the Prevention of Cruelty to Animals is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 1934, 92 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Massachusetts Society for the Prevention of Cruelty to Animals reported income of $120.3m and spending of $126.0m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $81.8m to $120.3m (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 95% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Massachusetts Society for the Prevention of Cruelty to Animals sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Zoological Society of Cincinnati ($119.6m), Georgia Aquarium Inc ($154.0m) and National Wildlife Federation ($117.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $2.3m (1.8% of expenses). Other salaries and wages came to $60.0m. It paid $1.1m in professional fundraising fees. At year end it held assets of $219.4m against liabilities of $35.0m, net assets of $184.4m. It reported 1,035 employees.
Income and spending
Where the income comes from
- Contributions & grants 31%
- Program services 67%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Zoological Society of Cincinnati | Cincinnati | $119.6m |
| Georgia Aquarium Inc | Atlanta | $154.0m |
| National Wildlife Federation | Reston | $117.9m |
| Monterey Bay Aquarium Foundation | Monterey | $155.9m |