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International Fund for Animal Welfare Inc

RegisteredEIN 31-1594197Yarmouth Port, MAAnimals
Income$35.2m2023-06
Spending$44.9msame year
Spent / received106%5-year average
Size in its cause100th pctAnimals
Exempt since1998Publicly supported organisat
Employees180latest return

Analysis

International Fund for Animal Welfare Inc is a registered charity in United States, based in Yarmouth Port, MA. It received its IRS tax-exemption ruling in May 1998, 28 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, International Fund for Animal Welfare Inc reported income of $35.2m and spending of $44.9m, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $29.0m to $35.2m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 106% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, International Fund for Animal Welfare Inc 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 Karuna Foundation ($34.5m), Defenders of Wildlife ($35.9m) and Center for Biological Diversity Inc ($34.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $611k (1.4% of expenses). Other salaries and wages came to $9.6m. It paid $2.4m in professional fundraising fees. At year end it held assets of $55.0m against liabilities of $18.9m, net assets of $36.1m. It reported 180 employees.

Income and spending

$0$12.0m$24.0m$36.0m$48.0m2019 Income: $28,963,8952019 Spending: $31,115,28020192020 Income: $31,281,7402020 Spending: $33,671,72320202021 Income: $29,873,0712021 Spending: $32,442,61920212022 Income: $48,021,4922022 Spending: $40,908,12720222023 Income: $35,221,6022023 Spending: $44,866,5302023
IncomeSpending

Where the income comes from

  • Contributions & grants 97%
  • Other 3.0%

Similar-sized charities, same cause

CharityLocationIncome
Karuna FoundationCheyenne$34.5m
Defenders of WildlifeWashington$35.9m
Center for Biological Diversity IncTucson$34.5m
Jacksonville Zoological Society IncJacksonville$37.3m