Verus Community

Analysis

Verus Community is a registered charity in United States, based in Waconia, MN. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 March 2024, Verus Community reported income of $145k and spending of $126k, spending 87% of its income. Across the 2 years on record, from March 2023 to March 2024, income fell from $230k to $145k (-37%), an average of -37% a year. The sharpest change came in the year to March 2024, when income dropped by 37%. Over the whole period it spent 72% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Verus Community sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Texas District and County Attorneysfoundation ($145k), Grace Haven Ministries ($145k) and Living Solutions II Corporation ($145k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 72% and program service revenue 27% of the total. At year end it held assets of $445k against liabilities of $191k, net assets of $253k.