New England Veterinary Medical Association

Analysis

New England Veterinary Medical Association is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in November 1967, 59 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New England Veterinary Medical Association reported income of $546k and spending of $568k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $503k to $546k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 8767%. Over the whole period it spent 98% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, New England Veterinary Medical Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 67th percentile within ME. Charities of a similar size with the same main cause include Idaho Chapter Foundation for North American Wild Sheep Inc ($546k), Badass Animal Rescue Inc ($547k) and Archdale Affordable Neuter & Wellness Clinic Inc ($546k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 96% of the total. At year end it held assets of $571k against liabilities of $12k, net assets of $558k.