Animals : Animal Rights, Welfare, and Services
American Humane has made fiscally responsible and necessary changes to its programs and financial operations to ensure long-term sustainability for our humane mission, which is to ensure the safety, welfare, and well-being of animals. In light of a financial crisis with multiple years of deficit spending, American Humane transformed programs in a strategic planning effort while significantly reducing expenses with a focus on increasing operating efficiencies. We purposely transferred several programs to trusted partner organizations given that they were not within our revitalized mission and vision. American Humane reversed over $34 million of deficit spending and is now fiscally prudent and a sound operating organization. These changes, however, have impacted the financial rating. While American Humane's financial health is now strong, the financial rating is low due to the reduction of expenses in order to balance the operating budget, reverse the deficit spending pattern, and stabilize this historic humane organization.
Our organization currently spends 86 cents out of every dollar raised directly on programs, a cost ratio significantly higher than those of other national humane groups. Our cost ratio is determined by taking our program expenses ($14,966,821) and dividing by our total expenses ($17,501,833). These numbers are based on audited financial statements for the year ended June 30, 2016, which can be found at www.americanhumane.org.