Pet Food Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 3,124,107 | 2,868,947 | 255,160 | 6.2 | 0% |
| 2011 | 3,224,999 | 3,128,422 | 96,577 | 6.1 | 0% |
| 2012 | 3,221,176 | 3,279,945 | −58,769 | 5.6 | 0% |
| 2013 | 3,171,732 | 3,195,815 | −24,083 | 5.7 | 0% |
| 2014 | 3,436,880 | 3,501,584 | −64,704 | 4.9 | 0% |
| 2015 | 3,255,967 | 3,673,118 | −417,151 | 3.3 | 3% |
| 2016 | 4,088,735 | 3,751,486 | 337,249 | 4.4 | 27% |
| 2017 | 4,206,208 | 4,021,229 | 184,979 | 4.6 | 28% |
| 2018 | 4,187,797 | 4,142,512 | 45,285 | 4.6 | 33% |
| 2019 | 4,441,313 | 4,112,957 | 328,356 | 5.6 | 33% |
| 2020 | 4,260,043 | 3,872,053 | 387,990 | 7.2 | 37% |
| 2021 | 4,438,861 | 4,480,939 | −42,078 | 6.1 | 32% |
| 2022 | 4,754,549 | 4,677,374 | 77,175 | 5.8 | 30% |
| 2023 | 5,072,529 | 5,043,221 | 29,308 | 5.6 | 30% |
In its most recent public year (2023), this organization brought in $29,308 more than it spent. Its reserves stood at about 5.6 months of spending. Staff pay was 30% of spending. $47,715 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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