Veritas Catholic Information Center
EIN: 863496786 · Greenville, SC · NTEE: X22
| Metric | Value |
|---|---|
| Total Revenue | $400K |
| Total Expenses | $187K |
| Net Assets | $331K |
Is Veritas Catholic Information Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Veritas Catholic Information Center
Veritas Catholic Information Center (EIN: 863496786) is a nonprofit organization based in Greenville, SC, classified under NTEE code X22. The organization reported total revenue of $400K and total assets of $507K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veritas Catholic Information Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Veritas Catholic Information Center is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -34.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $184K |
| Total Expenses | $187K |
| Surplus / Deficit | $-3,291 |
| Total Assets | $331K |
| Net Assets | $331K |
| Operating Margin | -1.8% |
| Months of Reserves | 21.2 months |
Financial Health Grade: B
In 2023, Veritas Catholic Information Center reported a deficit of $3K with expenses exceeding revenue, holds 21.2 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Veritas Catholic Information Center's revenue has declined at a compound annual growth rate (CAGR) of -34.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.7% | +736.2% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Veritas Catholic Information Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Veritas Catholic Information Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Veritas Catholic Information Center
Is Veritas Catholic Information Center a legitimate charity?
Veritas Catholic Information Center (EIN: 863496786) is a registered tax-exempt nonprofit based in South Carolina. It has 2 years of IRS 990 filings on record. Total revenue: $400K. No red flags identified. Financial health grade: B.
How does Veritas Catholic Information Center spend its money?
Veritas Catholic Information Center reported $400K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Veritas Catholic Information Center tax-deductible?
Veritas Catholic Information Center is registered as a tax-exempt nonprofit (EIN: 863496786). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Veritas Catholic Information Center located?
Veritas Catholic Information Center is headquartered in Greenville, South Carolina and files with the IRS under EIN 863496786. It is classified under NTEE code X22.
How many years of IRS 990 filings does Veritas Catholic Information Center have?
Veritas Catholic Information Center has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $400K in total revenue.
Filing History
IRS 990 filing history for Veritas Catholic Information Center showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Veritas Catholic Information Center's revenue has declined by 34.7%, moving from $282K to $184K. Total assets increased by 14.7% over the same period, from $289K to $331K. Total functional expenses rose by 736.2%, from $22K to $187K. In its most recent filing year (2023), Veritas Catholic Information Center reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $184K | $187K | $331K | $0 | — | View 990 |
| 2022 | $282K | $22K | $289K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veritas Catholic Information Center:
Data Sources and Methodology
This transparency report for Veritas Catholic Information Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.