Isu Veterinary Services Corporation

Analysis

Isu Veterinary Services Corporation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Isu Veterinary Services Corporation reported income of $7.2m and spending of $6.7m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $7.2m (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Isu Veterinary Services Corporation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IA. Charities of a similar size with the same main cause include Oblate School of Theology ($7.2m), Liberty Tree Academy ($7.2m) and Synergy Public School ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $141k (2.1% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $9.1m against liabilities of $5.0m, net assets of $4.1m. It reported 112 employees.