Albemarle Society for the Prevention of Cruelty to Animals

Analysis

Albemarle Society for the Prevention of Cruelty to Animals is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in May 1957, 69 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, Albemarle Society for the Prevention of Cruelty to Animals reported income of $4.7m and spending of $6.0m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.7m to $4.7m (-0.8%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 99% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Albemarle Society for the Prevention of Cruelty to Animals 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 92nd percentile within VA. Charities of a similar size with the same main cause include National Foundation for Rescued Animals ($4.7m), Cincinnati Animal Care ($4.7m) and Friends of the Palm Springs Animal Shelter ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $419k (7.0% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $15.0m against liabilities of $1.6m, net assets of $13.4m. It reported 108 employees.