Commonwealth Zoological Corporation

Analysis

Commonwealth Zoological Corporation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Commonwealth Zoological Corporation reported income of $31.5m and spending of $26.2m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.3m to $31.5m (+55%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 80% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Commonwealth Zoological Corporation 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 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Conservation Society of California ($30.9m), Tennessee Aquarium ($31.5m) and Humane Society of Missouri ($30.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $1.1m (4.4% of expenses). Other salaries and wages came to $9.7m. At year end it held assets of $58.0m against liabilities of $2.5m, net assets of $55.5m. It reported 322 employees.