Veritas Catholic Information Center
Analysis
Veritas Catholic Information Center is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Veritas Catholic Information Center reported income of $184k and spending of $187k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $282k to $184k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 45% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Veritas Catholic Information Center sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 57th percentile within SC. Charities of a similar size with the same main cause include International Bible Givers Inc ($184k), Mission Myanmar Inc ($184k) and Women Celebrate Inc ($184k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $331k against liabilities of $0, net assets of $331k.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 3.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| International Bible Givers Inc | Ham Lake | $184k |
| Mission Myanmar Inc | Clermont | $184k |
| Women Celebrate Inc | Little Chute | $184k |
| Casa Church Corp | Sarasota | $184k |