Vet First Inc

Analysis

Vet First Inc is a registered charity in United States, based in Virginia Beach, VA. It received its IRS tax-exemption ruling in May 2021, 5 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 December 2023, Vet First Inc reported income of $105k and spending of $113k, spending 108% of what it took in. Across the 2 years on record, from December 2021 to December 2023, income grew from $90k to $105k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vet First Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within VA. Charities of a similar size with the same main cause include National Society of the Sons of the American Revolution ($105k), Quintessence Choral Artists of the Southwest ($105k) and Mahoning County Casa-Gal Program ($105k).

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 $436 against liabilities of $299, net assets of $137.