Virginia Beach SPCA

Analysis

Virginia Beach SPCA is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in June 1966, 60 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, Virginia Beach SPCA reported income of $5.4m and spending of $5.5m, spending 101% of its income. Across the 6 years on record, from August 2019 to December 2023, income grew from $4.2m to $5.4m (+30%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 145%. 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, Virginia Beach SPCA 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 93rd percentile within VA. Charities of a similar size with the same main cause include People for Animals Inc ($5.4m), Big Life Foundation USA ($5.4m) and Hubbs Sea World Research Institute ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $358k (6.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $4.9m against liabilities of $433k, net assets of $4.5m. It reported 88 employees.