Society for the Prevention of Cruelty to Animals of a a Co MD in

Analysis

Society for the Prevention of Cruelty to Animals of a a Co MD in is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in September 1951, 75 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, Society for the Prevention of Cruelty to Animals of a a Co MD in reported income of $3.0m and spending of $1.9m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.0m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 68% 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 of a a Co MD in sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Midcoast Humane ($3.0m), Thoroughbred Retirement Foundation ($3.0m) and Network for Animals USA Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $100k (5.2% of expenses). Other salaries and wages came to $783k. At year end it held assets of $16.1m against liabilities of $4.0m, net assets of $12.1m. It reported 49 employees.