Original Source Date: January 1, 2021
Impact Highlights
| Annual ROI | Time Horizon | Confidence |
|---|---|---|
| 364.0% | 1.0 years | 1 - Very Strong |
| Activities | Outcomes | Indicators |
|---|---|---|
| Animals | Health / Wellness, Safety / Support | Health Incidents, Health Spend, Healthcare cost, Poverty & Assistance |
| Geography | Demographics |
|---|---|
| Minnesota, Plains, United States | All |
Article Details
Mission Animal Hospital, a nonprofit veterinary clinic in the Twin Cities, demonstrates that investing in pet health yields significant social and economic returns. Their recent SROI study, conducted in partnership with the ASPCA, reveals that every dollar contributed generates a total social return of $4.64.
Program Overview
Mission Animal Hospital provides veterinary care to pets from low-income families, ensuring that financial constraints don’t hinder essential pet health services. In 2020, with $731,500 in contributions, the hospital delivered $1,168,480 in subsidized veterinary care to families earning up to 80% of the area median income.
Impact Outcomes
The study identified several areas where contributions led to measurable benefits:
Improved Quality of Life: $1,467,050 in enhanced well-being for pet owners, including increased social connectedness.
Reduced Social Isolation: $233,130 saved by mitigating loneliness and its associated health risks.
Avoided Financial Stress: $187,490 in costs avoided due to reduced anxiety from veterinary bills.
Healthcare Savings: $166,160 saved from decreased risk of hypertension and related health issues.
Shelter Cost Avoidance: $85,250 saved by preventing pet surrenders and the associated costs of rehoming.
ROI Calculation: $4.64 per $1 Invested
By analyzing the total benefits against the initial contributions:
Total Benefits: $3,139,080
Total Contributions: $731,500
ROI = Total Benefits / Total Contributions = $3,139,080 / $731,500 ≈ 4.29
This means that for every dollar invested, there’s a return of approximately $4.29 in social value.
👥 Beneficiaries
Populations Served: Low-income families and their companion animals.
Geographic Focus: Twin Cities metropolitan area.
Stakeholders: Pet owners, healthcare systems, animal shelters, and the broader community.
Conclusion
Mission Animal Hospital’s model underscores the profound impact of accessible veterinary care. Not only does it ensure the health and well-being of pets, but it also fortifies the social and economic fabric of communities. Investing in such programs delivers multifaceted returns, benefiting individuals and society at large.
For more information, visit Mission Animal Hospital’s Impact Report.
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