Hubbard highlighted how only 2% of the ASPCA budget is given as grants to community pet shelters, using a figure from a new CEW report that cites the ASPCA’s most recent tax filings as the source of its numbers.
At the same time, according to CEW, the ASPCA in 2021 had $390 million in revenue and $575 million in assets, including $310 million in investments and $105 million in savings.
Perhaps most striking, the animal welfare group has about $11 million in offshore accounts in the Caribbean, while tax filings show ASPCA CEO Matt Berkshadker rakes in nearly $1 million a year and 259 of his employees make six figures. …
CEW’s findings seem to correlate with a 2021 investigation by CBS News, which reported at the time that while the ASPCA raised more than $2 billion for animal welfare since 2008, it spent $146 million, or about 7% of the total money raised, in grants to local animal welfare groups.
[This is a real scandal, if true. They raise boatloads of money, much of it through manipulative TV campaigns — everyone knows what I mean by that — and that would be all right if the money went to care of the animals. Instead, it looks like most of it is going to the two-legged species. ASPCA had better have a good answer for both CEW and CBS reports. — Ed]
Join the conversation as a VIP Member