Operation Vet-Fit

Analysis

Operation Vet-Fit is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Operation Vet-Fit reported income of $224k and spending of $232k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $224k (+96%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 232%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Operation Vet-Fit 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 56th percentile, and in the 61st percentile within SC. Charities of a similar size with the same main cause include Riverside National Cemetary Support Committee ($224k), Paris Education Foundation Inc ($224k) and Arts Outreach ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $46k against liabilities of $75k, net assets of -$29k.