Vegan Education Initiative Inc

Analysis

Vegan Education Initiative Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 2022, Vegan Education Initiative Inc reported income of $127k and spending of $18k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $333k to $127k (-62%), an average of -62% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 5.9% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Vegan Education Initiative Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within GA. Charities of a similar size with the same main cause include Inner Beauty Center ($127k), Crimestoppers of Tangipahoa Inc ($127k) and Laotian American National Alliance ($127k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $435k against liabilities of $0, net assets of $435k.