PetSmart Charities provides grants to fund nonprofits aligned with its mission and partners with shelters to find forever homes for pets through its in-store adoption program. The organization reports that it supports programs that work to make veterinary care more accessible, help battle pet food insecurity, and provide disaster response emergency grants. Through its Connecting Pets and People program, PetSmart Charities reports that it has helped over 400,000 pets find homes through in-store adoptions in over 1,600 PetSmart stores nationwide.
For the year ended January 31, 2021, PetSmart Charities's program expenses were:
Building positive relationships between people and pets |
$40,373,370 |
Preserving families in at-risk scenarios |
$12,191,748 |
Improving quality of life to under-resourced pets |
$11,348,583 |
Influencing communities to invest in pets |
$3,386,016 |
Total Program Expenses: |
$67,299,717 |
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Chief Executive
Aimee Gilbreath, President
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Compensation*
$283,522
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Chair of the Board
J.K. Symancyk
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Chair's Profession / Business Affiliation
Chief Executive Officer, PetSmart LLC
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Board Size
10
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Paid Staff Size
0
*2020 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: The organization reports that it does not have any paid employees and that all staff are employees of PetSmart LLC and services are provided to PetSmart Charities through a management services agreement.
Method(s) Used:
Internet, Planned giving arrangements, Cause- related marketing (affinity credit cards, consumer product sales, etc.), Other
Fundraising costs were 2% of related contributions. (Related contributions, which totaled $78,126,002, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on PetSmart Charities's audited financial statements for the year ended January 31, 2021.
Source of Funds |
Contributions |
$50,966,638 |
PetSmart contributions |
$25,567,206 |
Investment income, net |
$2,850,478 |
Corporate, foundation and vendor contributions |
$1,321,492 |
Special events, net |
$270,666 |
Total Income |
$80,976,480 |
- Programs: 96%
- Administrative: 3%
- Fundraising: Less than 1%
Total Income |
$80,976,480 |
Program expenses |
$67,299,717 |
Fundraising expenses |
$1,237,189 |
Administrative expenses |
$1,880,374 |
Other expenses |
$0 |
Total expenses: |
$70,417,280 |
Income in Excess of Expenses |
$10,559,200 |
Beginning Net Assets |
$59,650,725 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$70,209,925 |
Total Liabilities |
$8,994,630 |
Total Assets |
$79,204,555 |
Note: According to the organization's audited financial statements for the year ended January 31, 2021, PetSmart Charities received in-kind contributions totaling $24,051,906 in the form of rent, management personnel, office space, goods, and services ($23,592,455) and advertising ($459,451).