The Animal Medical Center

Analysis

The Animal Medical Center is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1944, 82 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, The Animal Medical Center reported income of $91.9m and spending of $82.1m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $74.6m to $91.9m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 78% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, The Animal Medical Center 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 NY. Charities of a similar size with the same main cause include Columbus Zoological Park Association ($87.3m), Shedd Aquarium Society ($93.0m) and Houston Zoo Inc ($82.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $2.3m (2.9% of expenses). Other salaries and wages came to $42.4m. It paid $189k in professional fundraising fees. At year end it held assets of $220.6m against liabilities of $28.5m, net assets of $192.1m. It reported 668 employees.