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International Council for Veterinary Assessment

RegisteredEIN 36-3992537Chicago, ILHealth and saving lives
Income$7.6m2023-05
Spending$6.4msame year
Spent / received83%5-year average
Size in its cause82nd pctHealth and saving lives
Exempt since1996Publicly supported organisat
Employees9latest return

Analysis

International Council for Veterinary Assessment is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, International Council for Veterinary Assessment reported income of $7.6m and spending of $6.4m, spending 84% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $5.5m to $7.6m (+38%), an average of +8.3% a year. The sharpest change came in the year to May 2022, when income rose by 32%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, International Council for Veterinary Assessment sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include United Tissue Network Inc ($7.6m), Housing Works Services II Inc ($7.6m) and American Burn Association Inc ($7.6m).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $546k (8.5% of expenses). Other salaries and wages came to $619k. At year end it held assets of $14.7m against liabilities of $383k, net assets of $14.3m. It reported 9 employees.

Income and spending

$0$1.9m$3.9m$5.8m$7.7m2019 Income: $5,515,4022019 Spending: $4,815,10620192020 Income: $5,291,7302020 Spending: $4,993,23720202021 Income: $5,846,4332021 Spending: $5,030,52920212022 Income: $7,723,2002022 Spending: $5,434,49320222023 Income: $7,589,0232023 Spending: $6,394,0432023
IncomeSpending

Where the income comes from

  • Program services 98%
  • Other 1.9%

Similar-sized charities, same cause

CharityLocationIncome
United Tissue Network IncPhoenix$7.6m
Housing Works Services II IncBrooklyn$7.6m
American Burn Association IncChicago$7.6m
Roane County Family Health Care IncSpencer$7.6m