Vera Aqua Vera Vita
Analysis
Vera Aqua Vera Vita is a registered charity in United States, based in Murphy, TX. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Vera Aqua Vera Vita reported income of $212k and spending of $237k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $190k to $212k (+11%), an average of +11% a year. Over the whole period it spent 111% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Vera Aqua Vera Vita sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Chalice Inc ($212k), Hope for Korah Ministries USA ($212k) and Track II Unit Inc ($212k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $105k (44% of expenses). It paid $3,650 in professional fundraising fees. At year end it held assets of $43k against liabilities of $6,019, net assets of $37k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chalice Inc | Owings Mills | $212k |
| Hope for Korah Ministries USA | Bellingham | $212k |
| Track II Unit Inc | New Orleans | $212k |
| Tesfatsidek Zewaghemra Ministries | Seattle | $213k |