Vec Customers Share Inc

Analysis

Vec Customers Share Inc is a registered charity in United States, based in Decatur, TN. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Vec Customers Share Inc reported income of $330k and spending of $322k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $364k to $330k (-9.2%), an average of -2.4% a year. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vec Customers Share Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include Kalkaska Area Interfaith Resources ($330k), Impact100 Westchester ($330k) and Camf TR Uad ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.