Financial Reports

2021 Financial Statement

Revenues

Contributions $68,433,815
Gross Merchandise Sales $129,381
Interest, Dividends, Royalties, and Other Income $4,125,044
Total Revenues $72,688,240

Operating Expenses

Programs

International Grassroots Campaigns $12,632,142
Public Outreach and Education $16,161,870
Research, Investigations, and Rescue $19,622,254
Cruelty-Free Merchandise Program $496,400

Supporting services

Membership Development $9,455,075
Management and General Expenses $715,429
Total Operating Expenses $59,083,170

CHANGE IN NET ASSETS ($13,605,070)
Net Assets Beginning of Year $15,119,510
Net Assets End of Year $28,724,580
Purpose Restricted $2,818,595
Endowment $3,712,203
Board-Designated Legal Matters $1,000,000
Undesignated $21,193,782

Operating Expense Allocation

Direct Program Support 82.79%
Membership Development 16.00%
Management and General Operations 1.21%

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 82.79% of our operating expenses went directly to our programs fighting animal exploitation. We expended only 16% on fundraising efforts that drive our operations and 1.21% on management and general operations.

Eleven percent of PETA’s dedicated staff earn only $16,000 to $34,999, 42% earn $35,000 to $49,999, and the remaining 47% make more than $50,000. Our president, Ingrid Newkirk, earned $37,142 during the past fiscal year.

The financial statement shown here is for the fiscal year ending July 31, 2021, 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