From ANIMAL PEOPLE, June 2009:
YARMOUTHPORT, Mass.–The International Fund for Animal
Welfare in early May 2009 was identified by Sarah Shemkus of the Cape
Cod Times as yet another of the growing number of animal charities
with huge financial reserves to introduce deep budget cuts because of
declining cash flow.
“A recent internal message from IFAW president Fred O’Regan
to employees, obtained by the Cape Cod Times, cited a need to cut
the organization’s operations budget from $53.6 million to $36.1
million,” reported Shemkus on May 9, 2009. ” Net revenues for
fiscal 2009, which ends on June 30, are down by 32% from what was
budgeted, the message says.” IFAW had total income of $25.6 million
in the preceding fiscal year, and entered the 2008-2009 fiscal year
with $41.6 million in total assets, despite net losses of $4 million.

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From ANIMAL PEOPLE, June 2009:

PHILADELPHIA–Was the American SPCA really the first U.S.
humane society, in the generally recognized sense of the word? Is
it even the oldest that still exists?
The continuing influence of ASPCA founder Henry Bergh and the
organization he created in 1867 is not to be denied, with annual
income and expenditures of about $60 million, and more than $100
million in assets. Yet other animal aid societies much like those of
today existed much earlier.
Henry David Thoreau mentioned an anti-hunting humane society
in his 1854 opus Walden, as humane movement historian Phil Arkow
noted in a May 2003 letter to ANIMAL PEOPLE. No further trace of
that humane society has been found, but Elizabeth Morris and Annie
Waln founded the Animal Rescue League of Philadelphia in 1858.

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