Florida Veterinary Medicine Faculty Association Inc

Analysis

Florida Veterinary Medicine Faculty Association Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in November 2000, 26 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, Florida Veterinary Medicine Faculty Association Inc reported income of $24.9m and spending of $27.8m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.7m to $24.9m (+58%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Florida Veterinary Medicine Faculty Association Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Emancipet ($24.9m), Denver Dumb Friends League ($25.2m) and Utah Zoological Society ($24.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $13.1m against liabilities of $3.9m, net assets of $9.2m.