THE PEOPLE'S DISPENSARY FOR SICK ANIMALS
Founded in 1917, PDSA is the UK's leading veterinary charity. Our mission is to improve the life of every pet. We prevent illness, suffering and unnecessary death of pets; educate people about their welfare needs, and treat pets needing our help across the UK. In 2018 we provided 2.5 million treatments to more than 430,000 pets. Our services are funded entirely by public support.
Financial health, per its FY2025 accounts
The accounts state that PDSA reported a net income of £7.3 million for the year ended 31 December 2025, driven largely by a £5 million actuarial gain on its defined benefit pension scheme. Free reserves stood at £77.6 million, which is above the Trustees' stated policy range of £45 million to £60 million, providing significant headroom for future operations.
What the accounts disclose
“The basic salary of the Director General, who is the highest paid employee, was £183,656 as at 31 December 2025” — page 26
“Legacy income represents 63% of our net income available for charitable activities (2024: 68% - 2024 legacy income included an exceptional £9.1 million legacy gift from Mr Ionescu).”
“The table above shows that the cost of raising donations and legacy income overall from our supporters decreased from 10p per pound (£) in 2024 to 9p per pound in 2025.”
“Council has determined that the level of free reserves needed should fall within the range £45 million to £60 million. The policy should allow continuity for a minimum period of 18 months and for a maximum of three years.”
“Trading activities are carried out through three wholly owned subsidiary companies: PDSA Trading Limited, PDSA PetAid Enterprises Limited and PDSA Property Services Limited.”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (23/03/2026)
- Received assets from another charity (28/08/2025)
- Received assets from another charity (20/06/2025)
- Received assets from another charity (02/06/2025)
- Received assets from another charity (14/05/2025)
- Received assets from another charity (04/03/2025)
Trustees
- DAVID BRODIE LISTER
- David Morgan BSc Hons
- Elaine Deste
- Elizabeth Ruth Hutchinson BA Hons
- GORDON ANDREW HOCKEY
- Hannah Vickers
- Helen McEachern
- Ian Phoenix
- JOHN CHARLES MILLER
- MARY MARGARET REILLY
- Professor Gary England
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £126.2m | £125.6m |
| 31/12/2024 | £128.9m | £122.3m |
| 31/12/2023 | £114.0m | £114.5m |
| 31/12/2022 | £106.6m | £105.1m |
| 31/12/2021 | £105.4m | £91.7m |
Common questions
Is THE PEOPLE'S DISPENSARY FOR SICK ANIMALS financially healthy?
Per its FY2025 accounts: The accounts state that PDSA reported a net income of £7.3 million for the year ended 31 December 2025, driven largely by a £5 million actuarial gain on its defined benefit pension scheme. Free reserves stood at £77.6 million, which is above the Trustees' stated policy range of £45 million to £60 million, providing significant headroom for future operations. Its FY2025 accounts were audited by BDO LLP.
What does the highest-paid employee of THE PEOPLE'S DISPENSARY FOR SICK ANIMALS earn?
Per its FY2025 accounts, the highest-paid employee was in the £183,656 band.
Who funds THE PEOPLE'S DISPENSARY FOR SICK ANIMALS?
Funders whose own accounts filings name THE PEOPLE'S DISPENSARY FOR SICK ANIMALS as a grant recipient include THE MACKAY AND BREWER CHARITABLE TRUST, KENNETH MAURICE WILLIAMS WILL TRUST, THE LOPPYLUGS AND BARBARA MORRISON CHARITABLE TRUST, THE JOAN LYNETTE DALTON CHARITABLE TRUST, BNA CHARITABLE INCORPORATED ORGANISATION.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 18/02/2025 | £3.0m | Regular Grant 2025 |
| Postcode Lottery | 18/02/2025 | £15k | Win Win with Postcode Lottery |
| Postcode Lottery | 01/12/2023 | £3.0m | Regular Grant 2024 |
| Postcode Lottery | 24/11/2023 | £1.0m | A Happier Christmas - PDSA |
| Postcode Lottery | 02/11/2023 | £50k | Millionaire Street 2023 10w3 |
| Postcode Lottery | 29/03/2023 | £3.1m | Regular Grant 2023 |
| Postcode Lottery | 16/03/2022 | £3.0m | Regular Grant 2022 |
| The National Lottery Community Fund | 08/11/2006 | £50k | Restoration of the Ilford PDSA animal cemetery |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GRAFF FOUNDATION | 1 | £114k |
| THE SERTH AND GATES CHARITY | 1 | £91k |
| THE GERRICK ROSE ANIMAL TRUST | 1 | £88k |
| THE CELIA BLAKEY CHARITABLE TRUST | 1 | £50k |
| THE PRIMROSE TRUST | 1 | £30k |
| RUTH SMART FOUNDATION | 1 | £29k |
| THE HARDY FOUNDATION | 1 | £23k |
| RJ AND AH DANIELS CHARITABLE TRUST | 1 | £22k |
Charities like this
- BATTERSEA DOGS' AND CATS' HOME
- PEOPLE FOR THE ETHICAL TREATMENT OF ANIMALS (PETA) FOUNDATION
- ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS BOURNEMOUTH, NEW FOREST AND DISTRICT BRANCH
- ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS NORWICH BRANCH CIO
- ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COVENTRY AND DISTRICT BRANCH CIO
- ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS CAMBRIDGE AND DISTRICT BRANCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PEOPLE'S DISPENSARY FOR SICK ANIMALS | £126.2m | £183,656 | — | unclear | 9.0% | no doubt |
| BATTERSEA DOGS' AND CATS' HOME | £70.3m | — | — | unclear | 46.4% | no doubt |
| PEOPLE FOR THE ETHICAL TREATMENT OF ANIMALS (PETA) FOUNDATION | £7.7m | £100,001 - £110,000 | 6 | unclear | — | no doubt |
| ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS BOURNEMOUTH, NEW FOREST AND DISTRICT BRANCH | £273k | — | 0 | above | — | no doubt |
| ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS NORWICH BRANCH CIO | £2.3m | — | 0 | below | — | no doubt |
| ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS COVENTRY AND DISTRICT BRANCH CIO | £1.3m | — | 0 | above | — | no doubt |