CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.

According to the Animal Welfare Institute (AWI) audit of June 30, 2016, (Note 6, Concentrations, Contributions):

"AWI received approximately 56% of its total contributions from three contributors in 2016 and 28% of its total contributions from two contributors in 2015."
According to the Animal Welfare Institute (AWI) audit of June 30, 2016 (Note 2, Fixed Assets):

"In April 2016, AWI sold a building in Alexandria, VA in the amount of $879,900...The sale resulted in a gain of $283,199."

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