Viecare Beaver LLC

Analysis

Viecare Beaver LLC is a registered charity in United States, based in Mars, PA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Viecare Beaver LLC reported income of $50.5m and spending of $48.9m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $45.3m to $50.5m (+12%), an average of +2.8% a year. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Viecare Beaver LLC sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Amigour Asset Management Ltd ($50.4m), Baruch SLS Inc ($51.0m) and Allegheny Council to Improve Our Neighborhoods-Housing Incorporated ($50.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 96% of the total. Other salaries and wages came to $13.4m. At year end it held assets of $50.5m against liabilities of $14.6m, net assets of $35.9m. It reported 310 employees.