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A think tank released a new bombshell report this week revealing that the American Society for the Prevention of Cruelty to Animals only provides 2% of its total budget to pet shelters throughout the United States, despite having hundreds of millions of dollars and providing many employees with six-figure salaries.
According to CEW, the ASPCA's most recent tax filings revealed that the nonprofit had $390 million in revenue and $575 million in assets, including roughly $11 million in offshore Caribbean accounts.
"The same filings show that only about 2% of the ASPCA's budget is given as grants to community pet shelters," CEW reported.
The report alleged that 259 ASPCA employees made six-figure incomes, including the organization's CEO, Matt Bershadker, who made $856,785.
Despite its misleading name, the ASPCA only operates one animal adoption center and is not affiliated with local SPCAs, CEW stated.
Most people think the ASPCA is about dogs and cats. But the ASPCA has increasingly become a radical
animal liberation organization. Hiding behind its undeserved reputation, the organization has utilized
unethical financial schemes to boost its bottom line and pay its executives huge salaries.
Hoarding Money While Shelter Pets Die
While nearly 1 million animals are euthanized each year in the U.S., the ASPCA is paying its executives huge
salaries and sitting on hundreds of millions of dollars–including millions socked away in the Caribbean.
Numerous clients of the ASPCA pet insurance have complained that the program is a ripoff. Out of 280
reviews on Yelp, 222 were for one-star out of five–with several reviewers wishing they could give zero stars.
Denials of coverage for “pre-existing condition(s)” are allegedly common.
$9.3 Million Racketeering Settlement
In 2012, the ASPCA paid $9.3 million to settle a racketeering and fraud lawsuit filed against it. The lawsuit
alleged that the ASPCA and other activist groups engaged in a scheme to pursue frivolous litigation
against the owner of the Ringling Bros. circus. The court found that the key witness for the animal rights
activists was “essentially a paid plaintiff” and “not credible,” and dismissed the ASPCA’s claims.
Few charities have faced a lawsuit under the RICO Act, a federal law passed to combat the mafia. But the
ASPCA has, and paid $9.3 million to settle it.