The ASPCA CEO salary has sparked outrage over lavish spending, and it's no wonder why. The CEO of the ASPCA, Matthew Bershadker, took home a salary of $621,000 in 2020.
The ASPCA's budget is substantial, with over $150 million in annual revenue. This raises questions about how such a large budget is being allocated. The ASPCA's spending on fundraising and administrative costs is significant, with over $100 million going towards these areas in 2020.
Critics argue that the ASPCA's spending priorities are out of whack, with too much money being spent on overhead and not enough on actual animal welfare programs. The ASPCA's own financial reports show that only about 70% of its budget goes towards programs and services.
Broaden your view: Who Is the Ceo of Aspca
Aspa CEO's Salary
The ASPCA CEO's salary is a staggering figure. Matthew Bershadker received about $770,000 in compensation in 2018, which is more than 6 times the average nonprofit CEO's pay.
This is a significant disparity, especially considering the average nonprofit CEO's pay is around $123,000. In fact, Bershadker's pay is so high that it's on top of his $800,000 earnings in the previous year.
158 other employees at the ASPCA also made six-figure salaries, which is more than a tenth of the organization. This is a striking number, especially when you consider that every dollar donated to the ASPCA is used to pay salaries and benefits.
38 cents of every dollar donated to the ASPCA went towards paying salaries and benefits in 2018. This is a concerning trend, especially for an organization that relies on donations to operate.
The ASPCA's spending habits are also worth noting, particularly when it comes to fundraising. In 2018, the organization spent $89.1 million on fundraising-related expenses.
Consider reading: When Was the Aspca Founded
AsPCA Under Fire for Lavish Spending
The ASPCA is under fire for its lavish spending, and it's no wonder why. The organization's president and CEO, Matthew Bershadker, was paid $843,539 in 2019.
The ASPCA's financial practices have been a subject of controversy, with a 1 out of 5-paw rating on TCR's transparency scale. This lack of transparency has raised eyebrows.
A closer look at the ASPCA's financials reveals a robust profit margin of over 10% in 2019, with an operating income of $28.4 million. This is despite taking in $279 million in revenue.
The ASPCA's CEO compensation is being questioned, especially when compared to other charities. Bershadker's salary is more than the CEOs of Feeding America and the American Red Cross, who head organizations with budgets 10 times the size of the ASPCA.
According to the ASPCA's 2019 tax forms, $7.75 of each $19 donation goes toward hands-on help with animals.
Frequently Asked Questions
What are the top salaries at the ASPCA?
The highest salary at ASPCA is $191,684 per year for a Chief Executive Officer (CEO), while the lowest is $35,441 per year for a Kitten Nursery Caregiver. Discover the salary ranges for various roles at ASPCA.
How much money does the CEO of St. Jude's make?
The CEO of St. Jude's receives a compensation of $1,546,372. This is part of the total $1,915,155 received by the Chair, David Ellison.
Is the ASPCA a good charity to give to?
The ASPCA is considered a good charity for animal welfare, but it's essential to review their financials and align your values with their mission before donating. Research is key to making an informed decision about supporting this organization.
Who is the highest paid person in the ASPCA?
The ASPCA's CEO, Matt Bershadker, is the highest paid individual, earning over $1.2 million per year. This is significantly higher than the salaries of the 13 other executives who earn over $300,000.
How much does the CFO of ASPCA make a year?
As of March 15, 2021, the ASPCA's Chief Financial Officer (CFO) earns an annual salary of $425,994. This figure is based on publicly disclosed compensation data.
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