Frank J Veith International Society Inc

Analysis

Frank J Veith International Society Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Frank J Veith International Society Inc reported income of $79k and spending of $89k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $180k to $79k (-56%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 8991%. Over the whole period it spent 43% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Frank J Veith International Society Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Reinbow Riding Ltd ($79k), Proactive Living Center ($79k) and Addison Anonymous Group Club ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.