International Veterinary Acupuncture Society Inc

Analysis

International Veterinary Acupuncture Society Inc is a registered charity in United States, based in Portland, TX. It received its IRS tax-exemption ruling in May 1976, 50 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 June 2023, International Veterinary Acupuncture Society Inc reported income of $511k and spending of $534k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $583k to $511k (-12%), an average of -3.2% a year. The sharpest change came in the year to June 2022, when income rose by 204%. Over the whole period it spent 98% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, International Veterinary Acupuncture Society Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Yancey County Humane Society ($511k), Stray Cat Blue Inc ($512k) and Society for the Prevention of Cruelty to Animals of Upstate ($511k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $73k (14% of expenses). Other salaries and wages came to $74k. At year end it held assets of $987k against liabilities of $179k, net assets of $808k. It reported 3 employees.