Richmond Society for the Prevention of Cruelty to Animals

Analysis

Richmond Society for the Prevention of Cruelty to Animals is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in March 1942, 84 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 September 2023, Richmond Society for the Prevention of Cruelty to Animals reported income of $12.2m and spending of $10.4m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.2m to $12.2m (+48%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 81%. Over the whole period it spent 76% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Richmond Society for the Prevention of Cruelty to Animals sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Wildlife Protection Solutions ($12.2m), Zoological Society of Milwaukee County ($12.2m) and East Bay Society for the Prevention of Cruelty to Animals ($12.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $764k (7.3% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $57.4m against liabilities of $4.1m, net assets of $53.3m. It reported 246 employees.