Forest Park Zoological Society Inc

Analysis

Forest Park Zoological Society Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in May 1967, 59 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 December 2023, Forest Park Zoological Society Inc reported income of $1.3m and spending of $1.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $890k to $1.3m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 114%. 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, Forest Park Zoological Society Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Saint Francis Humane Society Incorporated ($1.3m), Operation Snip Inc ($1.3m) and Rutland County Humane Society Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $108k (8.7% of expenses). Other salaries and wages came to $548k. At year end it held assets of $771k against liabilities of $252k, net assets of $519k. It reported 45 employees.