Binder Park Zoological Society Inc

Analysis

Binder Park Zoological Society Inc is a registered charity in United States, based in Battle Creek, MI. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Binder Park Zoological Society Inc reported income of $5.2m and spending of $6.2m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $5.2m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 45%. 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, Binder Park Zoological Society Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Low Cost Spay-Neuter Clinic Inc ($5.2m), Great Plains SPCA ($5.2m) and Mustang Heritage Foundation ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $275k (4.4% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $11.7m against liabilities of $1.6m, net assets of $10.1m. It reported 254 employees.