International Veterinary Educational Assistance

Analysis

International Veterinary Educational Assistance is a registered charity in United States, based in Hickory CRNRS, MI. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, International Veterinary Educational Assistance reported income of $110k and spending of $113k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $249k to $110k (-56%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 108% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, International Veterinary Educational Assistance sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Pro2g Mission Inc ($110k), Heart for the Villagers Foundation Inc ($110k) and Farthest Corners Foundation ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. At year end it held assets of $12k against liabilities of $64k, net assets of -$53k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.