Foundation to Support Animal Protection

Analysis

Foundation to Support Animal Protection is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Foundation to Support Animal Protection reported income of $18.8m and spending of $19.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.0m to $18.8m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2022, when income rose by 89%. 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, Foundation to Support Animal Protection sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Society for the Prevention of Cruelty to Animals of Monterey Cty ($18.6m), Lifeline Animal Project Inc ($19.2m) and The Humane League ($18.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $210k (1.1% of expenses). Other salaries and wages came to $13.9m. At year end it held assets of $37.3m against liabilities of $1.9m, net assets of $35.3m. It reported 273 employees.