Vegan World

Analysis

Vegan World is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Vegan World reported income of $350k and spending of $313k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $246k to $350k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 87% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Vegan World sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Touch of Grey Rescue ($350k), Great Pyrenees Rescue of Atlanta Inc ($350k) and Turkeys for Tomorrow ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $8,863 (2.8% of expenses). At year end it held assets of $77k against liabilities of $27k, net assets of $50k.