Society for the Prevention of Cruelty to Animals of Monterey Cty

Analysis

Society for the Prevention of Cruelty to Animals of Monterey Cty is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in March 1955, 71 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 June 2023, Society for the Prevention of Cruelty to Animals of Monterey Cty reported income of $18.6m and spending of $10.0m, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.3m to $18.6m (+155%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 238%. Over the whole period it spent 51% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Society for the Prevention of Cruelty to Animals of Monterey Cty sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include The Humane League ($18.5m), Foundation to Support Animal Protection ($18.8m) and Rodeo Austin ($18.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $589k (5.9% of expenses). Other salaries and wages came to $4.6m. It paid $164k in professional fundraising fees. At year end it held assets of $76.5m against liabilities of $2.5m, net assets of $74.0m. It reported 118 employees.