Polar Bears International
Analysis
Polar Bears International is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in January 1994, 32 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, Polar Bears International reported income of $3.7m and spending of $3.3m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.7m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 84% of the income it received.
Among 14,470 United States charities whose main cause is animals and that reported income, Polar Bears International sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within MT. Charities of a similar size with the same main cause include Oklahoma Humane Society ($3.7m), Kennebec Valley Humane Society ($3.7m) and Focused Conservation Solutions Inc ($3.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $143k (4.3% of expenses). Other salaries and wages came to $1.3m. It paid $15k in professional fundraising fees. At year end it held assets of $2.9m against liabilities of $248k, net assets of $2.7m. It reported 29 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 1.1%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Oklahoma Humane Society | Oklahoma City | $3.7m |
| Kennebec Valley Humane Society | Augusta | $3.7m |
| Focused Conservation Solutions Inc | Fleming Island | $3.7m |
| American Veterinary Medical Foundation | Schaumburg | $3.7m |