Friends of the Zoo Inc

Analysis

Friends of the Zoo Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in February 1986, 40 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 June 2024, Friends of the Zoo Inc reported income of $6.4m and spending of $9.2m, spending 144% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.9m to $6.4m (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 98% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Friends of the Zoo Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Santa Barbara Humane Society for the Prevention of Cruelty to Anima ($6.3m), Maui Humane Society Inc ($6.4m) and Auburn Valley Humane Society ($6.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $88k (1.0% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $3.7m against liabilities of $1.4m, net assets of $2.2m. It reported 143 employees.