Virginia Zoological Society
Analysis
Virginia Zoological Society is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in September 1980, 46 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 June 2023, Virginia Zoological Society reported income of $8.5m and spending of $3.9m, leaving 54% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $8.5m (+173%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 74% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Virginia Zoological Society 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 VA. Charities of a similar size with the same main cause include Animal Friends Inc ($8.5m), Arizona Animal Welfare League Inc ($8.6m) and Delaware County Society for the Prev of Cruelty to Animals ($8.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 3.1% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $16.0m against liabilities of $1.7m, net assets of $14.3m. It reported 138 employees.
Income and spending
Where the income comes from
- Contributions & grants 87%
- Program services 3.1%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Animal Friends Inc | Pittsburgh | $8.5m |
| Arizona Animal Welfare League Inc | Phoenix | $8.6m |
| Delaware County Society for the Prev of Cruelty to Animals | Media | $8.4m |
| Humane Society of North Texas | Fort Worth | $8.6m |