Progressive Animal Welfare Society Inc

Analysis

Progressive Animal Welfare Society Inc is a registered charity in United States, based in Lynnwood, WA. It received its IRS tax-exemption ruling in December 1967, 59 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, Progressive Animal Welfare Society Inc reported income of $13.5m and spending of $7.6m, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.5m to $13.5m (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 61% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Progressive Animal Welfare Society Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include National Anti-Vivisection Society ($13.5m), Akashinga Inc ($13.5m) and Life 4 Paws ($13.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 10.0% of the total. Compensation of current officers, directors and key employees was $366k (4.8% of expenses). Other salaries and wages came to $4.2m. It paid $60k in professional fundraising fees. At year end it held assets of $61.9m against liabilities of $9.3m, net assets of $52.6m. It reported 150 employees.