Financial Reports

2022 Financial Statement

Revenues

Contributions  $82,809,747
Gross Merchandise Sales $151,639
Interest, Dividends, Royalties, and Other Income $(735,303)
Total Revenues $82,226,083

Operating Expenses

Programs

International Grassroots Campaigns $15,871,919
Public Outreach and Education $32,897,462
Research, Investigations, and Rescue $23,409,029
Cruelty-Free Merchandise Program $600,245

Supporting services

Membership Development $11,972,285
Management and General Expenses $1,080,610
Total Operating Expenses $85,831,550

CHANGE IN NET ASSETS $(3,605,467)
Net Assets Beginning of Year $28,724,580
Net Assets End of Year $25,119,113
Purpose Restricted $1,307,115
Endowment $3,753,086
Board-Designated Legal Matters $1,000,000
Undesignated $19,058,912

Operating Expense Allocation

Direct Program Support 84.80%
Membership Development 13.94%
Management and General Operations 1.26%

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 84.80% of our operating expenses went directly to our programs fighting animal exploitation. We expended only 13.94% on fundraising efforts that drive our operations and 1.26% on management and general operations.

Eleven percent of PETA’s dedicated staff earn only $16,000 to $34,999, 36% earn $35,000 to $49,999, and the remaining 53% make more than $50,000. Our president, Ingrid Newkirk, earned $35,568 during the past fiscal year.

The financial statement shown here is for the fiscal year ending July 31, 2022, 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.

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 Ingrid E. Newkirk

“Almost all of us grew up eating meat, wearing leather, and going to circuses and zoos. We never considered the impact of these actions on the animals involved. For whatever reason, you are now asking the question: Why should animals have rights?” READ MORE

— Ingrid E. Newkirk, PETA President and co-author of Animalkind