Vegetarian Resource Group

Analysis

Vegetarian Resource Group is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 1983, 43 years ago. 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, Vegetarian Resource Group reported income of $215k and spending of $270k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $473k to $215k (-55%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 57%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vegetarian Resource Group sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include Historical Society Holmes County ($215k), Friends of the Forest Preserve ($215k) and Dream Day on Cape Cod ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 9.8% of the total. Other salaries and wages came to $86k. At year end it held assets of $912k against liabilities of $58k, net assets of $854k. It reported 7 employees.

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.