Financials
Your incredible support helps us save thousands of animals worldwide.
Global Impact Report
In 2024, our combined operating revenue for the year was US$5.27 million, against US$5.64 million in 2023. Despite this, we increased our programme spending, directing US$4.59 million to animal welfare projects, up from US$4.27 million.
Where your donations went
In 2024:
78% of all expenditure went directly to programme services
20% supported management and general operations
3% was used for fundraising
These ratios demonstrate our strong commitment to making sure donor support translates into real help for animals in need.Â
Financial position
Across all entities, total combined assets were US$1.81 million, with net assets of US$1.69 million at year-end.Â
Network for Animals operates in the UK, USA, and South Africa. Each organization prepares its own annual financial statements in line with local regulations. Our USA and South African entities are fully audited each year, while our UK entities undergo an independent financial review because they are below the statutory audit threshold.
Our charities also have different financial year ends: the UK and South Africa report to 30 November, while the USA reports to 31 December.
The combined financial information below brings these results together—expressed in US dollars—to give supporters a clear and transparent view of our worldwide activity. These figures are for information only and are not formal consolidated accounts.
Statement of Financial Position
2024 US$ | 2023 US$ | |
|---|---|---|
TOTAL LIABILITIES AND NET ASSETS | $1,807,483 | $2,476,866 |
TOTAL ASSETS | $1,807,483 | $2,476,866 |
– | ||
Liabilities | $113,896 | $145,523 |
Net Assets | ||
Without Donor Restrictions | $1,671,810 | $2,168,383 |
With Donor Restrictions | $21,777 | $162,960 |
Total Net Assets | $1,693,587 | $2,331,343 |
Statement of Activities
2024 US$ | 2023 US$ | |
|---|---|---|
Change in Net Assets | ($637,756) | $505,221 |
Contributions | $5,229.053 | $5,615,052 |
Interest Income | $38,089 | $21,978 |
Total Operating Revenue
| $5,267,143 | $5,637,031
|
– | ||
Program Services | $4,585,786 | $4,266,617 |
Supporting Services: | ||
Management & General | $1,153,184 | $752,110 |
Fundraising | $165,929 | $113,083 |
TOTAL OPERATING EXPENSES | $5,904,898 | $5,131,810
|