Vetsintech

Analysis

Vetsintech is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vetsintech reported income of $2.7m and spending of $2.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.7m (+88%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vetsintech sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include International Institute of Greater Lawrence Inc ($2.7m), Fort Wayne Society of St Vincent Depaul Inc ($2.7m) and Paws4people Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $498k (19% of expenses). Other salaries and wages came to $383k. At year end it held assets of $4.4m against liabilities of $849k, net assets of $3.5m.