Financial Reports

2024 Financial Statement

Revenues


Contributions	$80,255,687
Gross Merchandise Sales	$151,272
Interest, Dividends, Royalties, and Other Income	$5,356,744

Total Revenues

$85,763,703

Operating Expenses

Programs


International Grassroots Campaigns	$16,046,751
Public Outreach and Education	$23,301,275
Research, Investigations, and Rescue	$24,221,616
Cruelty-Free Merchandise Program	$531,845

Supporting services


Membership Development	$12,567,061
Management and General Expenses	$959,072
Total Operating Expenses	$77,627,620


CHANGE IN NET ASSETS	$8,136,083
Net Assets Beginning of Year	$28,958,531
Net Assets End of Year	$37,094,614
Purpose Restricted	$1,576,671
Endowment	$3,885,343
Board-Designated Legal Matters	$1,000,000
Undesignated	$30,632,600

Operating Expense Allocation


Direct Program Support	82.58%
Membership Development	16.19%
Management and General Operations	1.23%

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 82.58% of our operating expenses went directly to our programs fighting animal exploitation. We expended only 16.19% on fundraising efforts that drive our operations and 1.23% on management and general operations.

Thirty-five percent of PETA’s dedicated staff earn under $49,999, and the remaining 65% make more than $50,000. Our president, Ingrid Newkirk, earned $37,724 during the past fiscal year.

The financial statement shown here is for the fiscal year ending July 31, 2024, and is based on our independently audited financial statements. Detailed financial information is available through PETA’s 990 form and financial statements.

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

You can learn more about PETA’s vital work for animals in our 2024 Annual Review.