Monmouth County Society for the Prevention of Cruelty to Animals

Analysis

Monmouth County Society for the Prevention of Cruelty to Animals is a registered charity in United States, based in Eatontown, NJ. It received its IRS tax-exemption ruling in November 1955, 71 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, Monmouth County Society for the Prevention of Cruelty to Animals reported income of $7.4m and spending of $7.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.6m to $7.4m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 82% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Monmouth County Society for the Prevention of Cruelty to Animals sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Gentle Giants Draft Horse Rescue Society Ltd ($7.4m), Humane Society of Summit County ($7.5m) and Friends of the Sea Lion Inc ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 46% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $15.6m against liabilities of $2.4m, net assets of $13.3m.