Veterans Assistance Dogs of Texas Inc

Analysis

Veterans Assistance Dogs of Texas Inc is a registered charity in United States, based in Kerrville, TX. It received its IRS tax-exemption ruling in November 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, Veterans Assistance Dogs of Texas Inc reported income of $110k and spending of $226k, spending 205% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.0m to $110k (-89%), an average of -52% a year. The sharpest change came in the year to June 2021, when income dropped by 89%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Assistance Dogs of Texas Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Cherry Creek School District Parent Teacher Community Council Inc ($110k), Kane County Extension Education Center Association ($110k) and Last Chance House of Stockton Inc ($110k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 211% of the total. Other salaries and wages came to $15k. At year end it held assets of $605k against liabilities of $0, net assets of $605k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.