Financials | We Are Committed To Transparency

We are committed to transparency and are pleased to share our financial reports with you. Please note that the tables below exclude in-kind Google Ad Grants. If you would like more detailed information from any particular year, please contact us.

2025–2026

Our fiscal year runs from April 1 through March 31. Below is a simplified version of our budget for the fiscal year ending on March 31, 2026.

April 1, 2025–March 31, 2026 Budgeted Revenue
Grants	$710,469
Released from Restrictions	$650,000
Individual Giving	$434,093
Investment Sweep Earnings	$69,000
Workplace Giving	$38,505
Total	$1,902,067

April 1, 2025–March 31, 2026 Budgeted Expenses
Charity Evaluations	$509,796
Movement Grants	$280,237
Fundraising for Recommended Charities	$235,100
Fundraising for Movement Grants	$154,736
Operations/Management	$688,274
Fundraising for ACE	$137,773
Total	$2,005,916

2024–2025

Below are our financials for our fiscal year from April 1, 2024–March 31, 2025.

ACE Expenses
Programs
Charity Evaluations	$489,027
Movement Grants	$258,218
Meta Fundraising	$300,957
Operations/Management	$484,352
Fundraising	$133,809
Total	$1,666,363

ACE Revenue by Source
Grants*	$2,157,716
Individual Giving	$374,720
Workplace Giving	$114,333
Investment gains and interest earned	$114,588
Other revenue	$437
Total	$2,761,794

* Includes $650,000 in grants designated for the following year

ACE Revenue by Restriction
Unrestricted	$1,267,889
Time-restricted (2 years)	$1,300,000
Movement Grants program (staff time and other expenses)	$193,000
Charity Evaluations program	$905
Total	$2,761,794

For more detailed information, please see our FY2024–25 Form 990 and audited financial statement.

2023–2024

Below are our financials for our fiscal year from April 1, 2023–March 31, 2024.

ACE Expenses
Programs
Charity Evaluations	$580,061
Grantmaking	$368,615
Operations/Management	$443,535
Fundraising	$224,826
Total	$1,617,036

ACE Revenue by Source
Individual giving	$298,729
Grants	$1,133,467
Investment gains and interest earned	$101,559
Other revenue	$11,165
Total	$1,544,919

ACE Revenue by Restriction
Unrestricted*	$1,174,877
Movement Grants program (staff time and other expenses)	$247,500
Charity Evaluations program	$2,542
Impact assessment	$20,000
Implement Giving What We Can’s recommendations†	$100,000
Total	$1,544,919

* Our unrestricted revenue includes donations, investment gains, and earned interest.

† Giving What We Can’s grant was restricted to implement lessons learned from impact assessment.

For more detailed information, please see our FY2023–24 Form 990 and audited financial statement.

2022–2023

As many of our donations are received and grants are distributed during the end of the calendar year, we have changed our fiscal year to ease financial processes. Below are our financials for the 15-month period from January 1, 2022–March 31, 2023. Going forward, our fiscal year will be April 1–March 31.

FY 2022–2023 ACE Expenses
Programs
Charity Evaluations	$467,088
Movement Grants	$162,730
Recommended Charity Fund	$144,740
Operations/Management	$468,529
Fundraising	$185,852
Total	$1,428,940

ACE Revenue by Source
	Q1 2022	FY 2022–23
Individual giving	$100,830	$621,990
Foundational giving	$127,833	$1,044,742
Investment gains (losses) and interest earned	-$20,068	-$7,056
Corporate giving	$56,885	$54,603
Total	$265,481	$1,714,279

ACE Revenue by Restriction
	Q1 2022	FY 2022–2023
Unrestricted*	$226,481	$1,625,779
Donation restricted to Movement Grants program staff time	$39,000	$88,500
Total	$265,481	$1,714,279

* Our unrestricted revenue includes donations, investment gains (losses), and earned interest.

For more detailed information, please see:

2021

2021 ACE Expenses
Research	$368,125
Operations/Management	$309,749
Communications	$209,766
Philanthropy*	$225,274
Total	$1,112,914

*A significant but indeterminable portion of philanthropy expenses are allocated to fundraising for ACE’s recommended charities and our Movement Grants program.

2021 ACE Revenue by Source
Individual giving	$914,834
Foundational giving	$407,902
Corporate giving	$28,997
SBA Paycheck Protection Program loan (forgiven), investment gains and interest earned	$150,134
Total	$1,501,867

2021 ACE Revenue by Restriction
Unrestricted*	$1,458,307
Restricted
Donation restricted to country prioritization research	$4,560
Donation restricted to Movement Grants program staff time	$39,000
Total	$1,501,867

*Our unrestricted revenue includes donations, investment gains, and earned interest.

For more detailed information, please see our 2021 Form 990 and audited financial statement.

2020

2020 ACE Expenses
Research	$332,577
Operations/Management	$296,537
Communications	$198,986
Philanthropy*	$146,913
Total	$975,014^†

* A significant but indeterminable portion of philanthropy expenses are allocated to fundraising for ACE’s recommended charities and our Movement Grants program.

† Each figure has been rounded to the nearest dollar.

2020 ACE Revenue by Source
Individual giving	$680,726
Foundational giving	$497,491
Investment gains and interest earned	$39,372
Corporate giving	$34,260
Total	$1,251,849

2020 ACE Revenue by Restriction
Unrestricted*	$1,138,899
Restricted
Donation restricted to Movement Grants program staff time	$65,000
Donation restricted to Animal Advocacy Research Fund staff time	$43,390
Donation restricted to country prioritization research	$4,560
Total	$1,251,849

*Our unrestricted revenue includes donations, investment gains, and interest earned.

For more detailed information, please see our 2020 Form 990 and audited financial statement.

2019

Note: For the years 2019 and earlier, we only show ACE’s own financials, but you can find information about our regranting to supported charities in our Giving Metrics Reports (2019, 2018, 2017, 2016) or contact us for more information.

2019 Expenses
Research	$384,263
Operations/Management	$267,669
Communications	$205,143
Philanthropy*	$109,031
Total	$966,106

*A significant but indeterminable portion of philanthropy expenses are allocated to fundraising for ACE’s recommended charities and our Movement Grants program.

2019 Revenue by Source
Individual giving	$418,477
Foundational giving	$273,351
Investment gains, interest earned, and in-kind donations	$75,882
Corporate giving	$46,225
Total	$813,935

2019 Revenue by Restriction
Unrestricted*	$719,802
Restricted
Donations restricted to Animal Advocacy Research Fund staff time	$43,133
Donations restricted to Movement Grants program staff time	$50,000
In-kind donations	$1,000
Total	$813,935

*Our unrestricted revenue includes donations, investment gains, and interest earned.

For more detailed information, please see our 2019 Form 990 and audited financial statement.

2018

2018 Expenses
Research	$347,880
Operations	$206,807
Communications	$194,245
Philanthropy*	$119,478
Total expenses	$868,411^†

* A significant but indeterminable portion of fundraising expenses are allocated to fundraising for ACE’s recommended charities and our Movement Grants program.

† Each figure has been rounded to the nearest dollar.

2018 Revenue by Source
Foundational giving	$753,170
Individual giving	$316,288
Corporate giving	$94,021
Investment gains (losses)*	-$25,582
Total	$1,137,896^†

* 2018 had historical lows in investment returns.

† Each figure has been rounded to the nearest dollar.

2018 Revenue by Restriction
Unrestricted*	$1,088,872
Restricted
Donations restricted to Animal Advocacy Research Fund staff time	$72,158
Donations restricted to advertising	$20,000
Total	$1,137,896^†

* Our unrestricted revenue includes donations, investment gains (losses), and third-party revenue sources such as Amazon Smile.

† Each figure has been rounded to the nearest dollar.

For more detailed information, please see our 2018 Form 990 and audited financial statement.

2017

2017 Expenses
Research	$234,108
Communications	$197,207
Events (Research Workshop and Symposium)	$19,141
Operations	$93,791
Fundraising*	$81,722
Total expenses	$625,969

*A significant but indeterminable portion of fundraising expenses are allocated to fundraising for ACE’s recommended charities.

2017 Revenue by Source
Individual giving	$522,227
Foundational giving	$468,450
Corporate giving	$65,490
Other revenue*	$24,856
Total	$1,081,022^†

* Other revenue accounts for investment gains, workshop ticket sales, and third-party revenue sources such as Amazon Smile.

† Each figure has been rounded to the nearest dollar.

2017 Revenue by Restriction
Unrestricted*	$1,011,797
Restricted
Donations restricted to Animal Advocacy Research Fund staff time	$49,977
Donations restricted to Research Workshop	$16,684
Research Workshop ticket sales	$2,565
Total	$1,081,022

* Our unrestricted revenue includes donations, investment gains, and third-party revenue sources such as Amazon Smile.

† Each figure has been rounded to the nearest dollar.

For more detailed information, please see our 2017 Form 990 and audited financial statement.

2016

2016 Expenses
Research	$137,397.98
Communications	$122,821
Events (Symposium)	$11,600
Operations	$50,383
Fundraising*	$34,480
Total	$356,681^†

* A portion of fundraising expenses were allocated to fundraising for ACE’s Top Charities.

† Each figure has been rounded to the nearest dollar.

2016 Revenue by Source
Individual giving	$440,954
Foundational giving	$104,550
Symposium ticket sales*	$10,573
Total	$556,077

*All ticket sales were 100% tax-deductible and received as unrestricted donations.

2016 Revenue by Restriction
Unrestricted	$460,413
Restricted
Donations restricted to Animal Advocacy Research Fund staff time	$52,664
Donations restricted to advertising & digital media	$53,000
Total	$556,077

For more detailed information, please see our 2016 Form 990 and audited financial statement.

2015

2015 Expenses
Research	$65,327.00
Communications	$38,441.60
Operations	$26,839.00
Fundraising	$8,466.40
Total	$139,074.00

2015 Revenue by Source
Individual Giving	$240,400.24
Foundational Giving	$117,727.76
Total	$358,128.00

Note: All 2015 contributions were unrestricted.

For more detailed information, please see our 2015 Form 990 and audited financial statement.

2014

2014 Expenses
Research	$40,893.91
Education & Advocacy	$17,647.70
Communications	$11,122.86
Operations	$18,419.03
Fundraising	$2,461.50
Total	$90,545.00

2014 Revenue by Source
Individual Giving	$168,320.79
Foundational Giving	$1,700.21
Total	$170,021.00

Note: All 2014 contributions were unrestricted.

For more detailed information, please see our 2014 Form 990-EZ.

2013

2013 Expenses
Research	$11,525.84
Communications	$12,806.48
Education & Advocacy	$7,683.89
General Admin	$10,672.07
Total	$42,688.28

2013 Revenue by Source
Individual giving	$49,632.30
Corporate giving	$11,097.91
Foundational giving	$924.83
Total	$61,655.03

Note: All 2013 contributions were unrestricted.

For more detailed information, please see our 2013 Form 990-EZ.

;Operating Expenses;Donations to Recommended Charities and Movement Grants recipients via ACE;Donations to Recommended Charities Reported by Donors and Charities as influenced by ACE; 
2014;90,545;0;147,239;
2015;139,074;109,881;1,143,491;
2016;356,681;249,628;3,391,800;
2017;625,969;1,587,531;4,534,127;
2018;868,411;2,390,560;3,942,067;
2019;966,106;2,293,932;6,610,589;
2020;975,014;3,533,400;7,530,482;