Vetstarts Inc

Analysis

Vetstarts Inc is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vetstarts Inc reported income of $87k and spending of $155k, spending 178% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $132k to $87k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 138% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vetstarts Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Support Our Troops ($87k), Fort Atkinson Food Pantry ($87k) and El Amor Espera Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $17k, net assets of $16k.