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        Financial Reports

        2020 Financial Statement

        Revenues

        Contributions$63,804,688
        Gross Merchandise Sales$56,452
        Interest, Dividends, Royalties, and Other Income$2,416,727
        Total Revenues$66,277,867

        Operating Expenses

        Programs

        International Grassroots Campaigns$12,157,145
        Public Outreach and Education$16,869,378
        Research, Investigations, and Rescue$19,903,446
        Cruelty-Free Merchandise Program$461,979

        Supporting services

        Membership Development$9,478,100
        Management and General Expenses$721,229
        Total Operating Expenses$59,591,277

        CHANGE IN NET ASSETS($6,686,590)
        Net Assets Beginning of Year$8,432,920
        Net Assets End of Year$15,119,510
        Purpose Restricted$2,380,638
        Endowment$3,294,368
        Board-Designated Legal Matters$1,000,000
        Undesignated$8,444,504

        Operating Expense Allocation

        Direct Program Support82.88%
        Membership Development15.91%
        Management and General Operations1.21%

        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 82.88% of our operating expenses went directly to our programs fighting animal exploitation. We expended only 15.91% on fundraising efforts that drive our operations and 1.21% on management and general operations.

        Twelve percent of PETA’s dedicated staff earn only $16,000 to $34,999, 41% earn $35,000 to $49,999, and the remaining 47% make more than $50,000. Our president, Ingrid Newkirk, earned $31,348 during the fiscal year ending July 31, 2020.

        The financial statement shown here is for the fiscal year ending July 31, 2020, 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

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