Skip to content

HSUS Spends 50% Of Every Dollar On Fundraising



The HSUS Consolidated Financial for 2009 discloses that the HSUS family of organizations had a combined net worth of $191.3 million as of 12/31/2009, including $148 million in investments ($66 million of which are in hedge funds). Its land and buildings are worth $17.4 million.

It spent $34.2 million on salaries and employee benefits. Its pension funds are valued at $18.5 million (which is still $8.8 million less than the $27.3 million in obligations it owes its employees who will retire in the future).

HSUS's auditors report that the organization and its affiliates collectively spent $25.3 million on fundraising expenses (18.8% of their $134 million in total expenses). But Animal People News, the internal watchdog newspaper of the animal rights movement, has performed its own analysis that concludes HSUS spends fully 50% of every dollar on fundraising expenses.

More Stories

  • **Updated Horse Show Schedule

    The Walking Horse Report will provide daily updates to the list of canceled and postponed horse shows... Read More
  • 2021 WHOA Banquet plan

    The Walking Horse Owners Association would like to announce that due to restrictions for Covid-19 the WHOA Banquet scheduled in February of 2021 has been cancelled... Read More
  • Equine Obituary – Mr. Trump

    The Walking Horse Report has recently learned of the death of Mr. Trump. The 2xWGC, WC and 2xRWGC passed away unexpectedly following a routine workout on October 15 coming as a shock to owners Molly and Taylor Walters as well as to trainer Edgar Abernathy. Read More
  • Online entry system available for Alabama Jubilee

    The Alabama Jubilee, scheduled for October 23-24, will take online entries up until noon on Friday, October 23 and 11:30 am on Saturday, October 24. Entries can be made at entermywalkinghorse.com.  Read More
  • Obituary – Christy Kakassy

    The Report recently learned of the passing of long-time walking horse owner and exhibitor, Christy Kakassy, on Monday, October 19, after a difficult battle with acute myeloid leukemia... Read More
  • Latest Issue 10 19 20

    Read More
  • Equine Obituary – Pride's Jubilee Encore

    Sometimes a horse is destined for greatness and with the right group of people and a lot of hard work and determination, that level is reached. This was the case for 2001 World Grand Champion Pride’s Jubilee Encore... Read More
  • Dix River Fall Classic update

    The Dix River Fall Classic, scheduled for October 23-24, at the Brodhead Indoor Facility in Brodhead, Kentucky will be a SHOW–HIO show. The entry fee for flat-shod classes will be reduced from $30 to $15.  Read More
  • Thomas Seymore injured

    Thomas Seymore was injured during the Saturday evening performance of the Trainers’ Show. He was taken to Vanderbilt Medical Center with a broken ankle and other minor injuries... Read More
  • Larry Wheelon hospitalized

    Larry Wheelon is in the hospital in East Tennessee battling pneumonia and several other health issues. We extend our prayers to Larry and his family.  Read More