HSUS Spends 50% Of Every Dollar On Fundraising
Thursday, March 8, 2012
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 |
-
Read More
-
The United Fall Finale that is scheduled for November 16-18, 2024, in Tunica, Mississippi is happy to release their class schedule.
Read More
-
On September 16th, our great friend Milly Player transitioned from this life into eternal peace...
Read More
-
The East Tennessee Fall Classic, scheduled for October 19-21, has selected Brent Coburn, Chris Pickel and Roger Varney to mark the cards for this year's event. The show will be held at the Smoky Mountain Expo Center in White Pine, Tennessee.
Read More
-
The following was read at the Cascade High School Homecoming Game on Friday, September 15, 2023:
Our flag horse tonight is My Diamonds and Pearls. She is presented by Madison Wilson. Owned by Christie Scrivner, My Diamonds and Pearls is a four-time Reserve World Champion Tennessee Walking Horse.
Read More
-
The Walking Horse Report has recently learned of the passing of former trainer and long time horse enthusiast Scott Benham. Benham passed away on September 1, 2023 in California.
Read More
-
Selmer “Peanut” Taylor, age 85, passed away on Friday, September 15, 2023 at his residence. He was a native and lifelong resident of Rutherford County. He served in the United States Air Force.
Read More
-
Read More
-
Read More
-
It is with great sadness that we announce the death of Turman G. Meadows at the home of his son Keegan Russell Meadows, and his fiancé’ David “Brent” Arrington in Murfreesboro, Tennessee, where Turman and his wife of many years Raymona resided in, on August 25th, 2023, at the age of 67.
Read More
|