Vets Rest Stop Inc

Analysis

Vets Rest Stop Inc is a registered charity in United States, based in Lincoln, NH. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 June 2023, Vets Rest Stop Inc reported income of $254k and spending of $5,696, leaving 98% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $100k to $254k (+154%), an average of +154% a year. The sharpest change came in the year to June 2023, when income rose by 154%. Over the whole period it spent 3.1% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vets Rest Stop Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within NH. Charities of a similar size with the same main cause include Community Connections at Findley Lake Inc ($254k), Mary Meuser Memorial Library ($254k) and Austin Volunteer Fire Company Inc ($254k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $473k against liabilities of $0, net assets of $473k.