Veahavta

Analysis

Veahavta is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Veahavta reported income of $193k and spending of $225k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $222k to $193k (-13%), an average of -6.8% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 65% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Veahavta sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within MI. Charities of a similar size with the same main cause include One Common Thread ($193k), Lions Float Inc ($193k) and Voice of Grace International Ministries ($193k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $495k against liabilities of $0, net assets of $495k.