Tufts Veterinary Emergency Treatment and Specialties Inc

Analysis

Tufts Veterinary Emergency Treatment and Specialties Inc is a registered charity in United States, based in Walpole, MA. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tufts Veterinary Emergency Treatment and Specialties Inc reported income of $19.0m and spending of $18.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.4m to $19.0m (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tufts Veterinary Emergency Treatment and Specialties Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Multi-Assistance Center at Morgans Wonderland ($19.0m), Boundary Regional Community Health Center Inc ($19.0m) and TCN Behavioral Health Services Inc ($19.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $10.7m. At year end it held assets of $10.1m against liabilities of $5.3m, net assets of $4.8m. It reported 181 employees.