Zoo Foundation Inc

Analysis

Zoo Foundation Inc is a registered charity in United States, based in Gulf Shores, AL. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Zoo Foundation Inc reported income of $4.8m and spending of $6.0m, spending 126% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.6m to $4.8m (+36%), an average of +7.9% a year. The sharpest change came in the year to September 2021, when income rose by 58%. Over the whole period it spent 110% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Zoo Foundation Inc 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 95th percentile within AL. Charities of a similar size with the same main cause include Highland County Humane Society ($4.8m), Seneca Zoological Society ($4.8m) and International Seafood Sustainability Foundation ($4.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.3% and program service revenue 72% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $29.2m against liabilities of $23.7m, net assets of $5.5m. It reported 89 employees.