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Re: HSUS Fraud story today
In the year 2008 (from their tax form), they had ~$86M in revenue.
~$38M went to salaries, employee benefits, bonuses, etc.
~$28M was spent on fundraising fees and expenses.
~$53M was classified as "other" expenses, including lobbying, legal, management, investment fees, office expenses, IT, royalties, travel, etc.
So...44% of their revenue went to employee salaries, bonuses, etc., and another 33% went to fundraising. Which means that 23% went to other sources, which includes animal welfare programs/support, lobbying, legal fees, royalties, travel, advertising, etc.
This means that the absolute maximum they spent on actual animal welfare was 23%. I say maximum because animal welfare was only part of the total "other" expenses. This is giving them the benefit of the doubt, which is still a pretty crappy percentage.
How much did they actually spend on grants, money to help animal welfare in the U.S. and other countries, etc.? $5M. 6%.
Yeah, you're doing a really good job there, HSUS. Way to help out those animals!
Oh, wait.
Last edited by Eventide; 01-08-2010 at 06:07 AM.
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