Ducks Unlimited Inc

Memphis, TN, 38120 (901) 758-3825 Est. 1937 EIN 13-5643799

C32Z - Environment 990 - Public charity return 501(c)(3)

www.ducks.org

Mission

DUCKS UNLIMITED, INC. CONSERVES, RESTORES, AND MANAGES WETLANDS AND ASSOCIATED HABITATS FOR NORTH AMERICA'S WATERFOWL. THESE HABITATS ALSO BENEFIT OTHER WILDLIFE AND PEOPLE.

Financials

Total Revenue

$380,340,506

Total Expenses

$386,688,706

Net Assets

$373,147,068

985 employees 31,562 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

11.6 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 14.3%

Expenses ↑ 21.5%

Revenue Sources

Contributions 89.1% Earned revenue 7.4% Investment 2.0% Other 2.0%

Expense Breakdown

Program 85.5% Management 2.2% Fundraising 12.2%

Officers & Key Employees (81)

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Grants Received (421)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$380,340,506 ↑	$386,688,706	$373,147,068
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$302,178,704 ↓	$291,198,785	$263,763,691
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$339,454,630 ↑	$256,536,537	$241,323,534
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$215,328,335 ↑	$220,439,350	$169,823,137
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$185,369,449 ↓	$209,625,908	$151,878,891
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$192,778,583	$182,595,609	$172,054,684