Vet Friends Foundation

Analysis

Vet Friends Foundation is a registered charity in United States, based in Dewey, AZ. It received its IRS tax-exemption ruling in November 2021, 5 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 December 2023, Vet Friends Foundation reported income of $276k and spending of $270k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $219k to $276k (+26%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 103% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Vet Friends Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within AZ. Charities of a similar size with the same main cause include Save a Dogslife ($276k), Bagaduce River Equine Rescue ($276k) and A Shelter Friend Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (22% of expenses). Other salaries and wages came to $8,300. At year end it held assets of $59k against liabilities of $0, net assets of $59k.