Vera House

Analysis

Vera House is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2024, Vera House reported income of $98k and spending of $82k, spending 84% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $94k to $98k (+3.6%), an average of +0.7% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vera House sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within AL. Charities of a similar size with the same main cause include Solar Circle ($98k), Levy County Housing Authority Core Group Inc ($98k) and Tents of Grace Manor Housing ($98k).

On its Form 990 for the period ending September 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $95k against liabilities of $117k, net assets of -$22k.