VT Seva

Analysis

VT Seva is a registered charity in United States, based in Cranbury, NJ. It received its IRS tax-exemption ruling in December 2009, 17 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, VT Seva reported income of $1.8m and spending of $1.5m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.8m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, VT Seva sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Rahbar Foundation Inc ($1.7m), Jewish Federation of Northeastern Pennsylania ($1.8m) and Unity Eor Properties Inc ($1.7m).

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 $1.1m against liabilities of $1,234, net assets of $1.1m.