Society for the Prevention of Cruelty to Animals Martinsville
Analysis
Society for the Prevention of Cruelty to Animals Martinsville is a registered charity in United States, based in Martinsville, VA. It received its IRS tax-exemption ruling in July 1976, 50 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, Society for the Prevention of Cruelty to Animals Martinsville reported income of $1.2m and spending of $1.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $770k to $1.2m (+61%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 76% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Society for the Prevention of Cruelty to Animals Martinsville sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Humane Society-Lowell ($1.2m), Georgia Wildlife Federation ($1.2m) and Animal Outreach of the Mother Lode ($1.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 9.4% of the total. Compensation of current officers, directors and key employees was $106k (8.8% of expenses). Other salaries and wages came to $519k. At year end it held assets of $4.8m against liabilities of $68k, net assets of $4.8m. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 62%
- Program services 9.4%
- Other 29%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Humane Society-Lowell | Lowell | $1.2m |
| Georgia Wildlife Federation | Covington | $1.2m |
| Animal Outreach of the Mother Lode | Diamond SPGS | $1.2m |
| Retirement Home for Horses Inc | Alachua | $1.2m |