Texas Veterinary Medical Foundation

Analysis

Texas Veterinary Medical Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 1978, 48 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 June 2023, Texas Veterinary Medical Foundation reported income of $449k and spending of $814k, spending 181% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $398k to $449k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2020, when income rose by 100%. Over the whole period it spent 100% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Texas Veterinary Medical Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Small Paws Rescue Inc ($449k), Panther Ridge Conservation Center Inc ($449k) and Westie Foundation of America Inc ($448k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $155k. At year end it held assets of $3.3m against liabilities of $214k, net assets of $3.1m.