Vet Triip Inc

Analysis

Vet Triip Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in November 1974, 52 years ago. 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, Vet Triip Inc reported income of $64k and spending of $46k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $134k to $64k (-53%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vet Triip Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include National Security Forum of Northern Nevada Inc ($64k), Wyoming County Historical Society ($64k) and Beach Cities Symphony Association ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $246k against liabilities of -$84, net assets of $247k.