Vetjobs

Analysis

Vetjobs is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vetjobs reported income of $5.0m and spending of $3.9m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $5.0m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Vetjobs sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Boilermaker Alliance Inc ($5.0m), Tri-County Workforce Investment Board Inc ($5.0m) and FHMC Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $130k (3.4% of expenses). At year end it held assets of $9.0m against liabilities of $300k, net assets of $8.7m. It reported 2 employees.