The Medvet Charitable Foundation

Analysis

The Medvet Charitable Foundation is a registered charity in United States, based in Worthington, OH. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, The Medvet Charitable Foundation reported income of $114k and spending of $200k, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $114k (-92%), an average of -47% a year. The sharpest change came in the year to December 2022, when income rose by 382%. Over the whole period it spent 44% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, The Medvet Charitable Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Saving Grace Rescue LBK ($114k), Cossayuna Lake Improvement Association Inc ($114k) and Moonsong Malamute Rescue Inc ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.