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Financial Reports

2014 Financial Statement

The Year in Numbers:

REVENUES

Contributions
$50,449,023
Gross Merchandise Sales
$627,336
Interest, Dividends, Royalties, and Other Income
$856,642
Total Revenues
$51,933,001

OPERATING EXPENSES

Programs
International Grassroots Campaigns
$8,691,235
Public Outreach and Education
$19,455,622
Research, Investigations and Rescue
$12,993,951
Cruelty-Free Merchandise Program
$969,721
Membership Development
$4,768,940
Management and General Expenses
$501,746
Total Operating Expenses
$47,381,215

CHANGE IN NET ASSETS

($4,551,786)
Net Assets Beginning of Year
$11,931,766
Net Assets End of Year
$16,483,552
Donor-Restricted (Permanently)
$3,154,159
Donor-Restricted (Temporarily)
$2,174,759
Board-Designated Legal Matters
$1,000,000
Undesignated
$10,139,586

OPERATING EXPENSE ALLOCATION

Direct Program Support
88.87%
Management and General Operations
1.06%
Membership Development
10.07%

 

PETA is a nonprofit, tax exempt 501(c)(3) corporation funded almost exclusively by the contributions of our members. We strive to use our funds in the most cost-effective and efficient manner possible, a commitment illustrated by the fact that 88.87 percent of our operating expenses went directly to our programs fighting animal exploitation. We expended only 10.07 percent on fundraising efforts that drive our operations and 1.06 percent on management and general operations.

Ten percent of PETA’s dedicated staff earn only $16,000 to $29,999, 47 percent earn $30,000 to $39,999, and only the remaining 43 percent make more than $39,999. Our president, Ingrid Newkirk, earned $40,320 during fiscal year ending July 31, 2014.

The financial statement shown here is for the fiscal year ending July 31, 2014, and is based on our independently audited financial statements.

For PETA’s tax ID and sample legal bequest language, please visit our Gift Planning site.

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Text PETA to 73822 (US) or 99099 (Canada). Msg/Data Rates May Apply. T&Cs.

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