Miami Veterinary Foundation Inc

Analysis

Miami Veterinary Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 1991, 35 years ago. 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 December 2023, Miami Veterinary Foundation Inc reported income of $869k and spending of $901k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $550k to $869k (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 147%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Miami Veterinary Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Westerly Land Trust ($869k), Lemontree Foods Inc ($869k) and Canyon Hills Soccer Association ($869k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $46k. At year end it held assets of $209k against liabilities of $18k, net assets of $190k. It reported 1 employees.