Vets to Vets United Inc

Analysis

Vets to Vets United Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 2012, 14 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, Vets to Vets United Inc reported income of $158k and spending of $177k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $158k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 120%. Over the whole period it spent 72% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Vets to Vets United Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Friends of Faye ($158k), Friends of Animals in Need ($158k) and Boudreauxs Animal Rescue Krewe ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (22% of expenses). Other salaries and wages came to $18k. At year end it held assets of $319k against liabilities of $8,597, net assets of $310k. It reported 3 employees.