Vestia Inc

Analysis

Vestia Inc is a registered charity in United States, based in Pleasant Hill, CA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vestia Inc reported income of $96k and spending of $89k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $305k to $96k (-68%), an average of -25% a year. The sharpest change came in the year to December 2020, when income dropped by 73%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vestia Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Project Grace Foundation Inc ($96k), My Service Dog ($96k) and Mychoice Resource Center ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.3% of the total. At year end it held assets of $333k against liabilities of $79k, net assets of $253k.