Vetjobs
Vetjobs shows consistent revenue and asset growth with zero reported officer compensation over a decade.
EIN: 201130252 · Fort Myers, FL · NTEE: J20 · Updated: 2026-03-28
Is Vetjobs Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vetjobs directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vetjobs
Vetjobs (EIN: 201130252) is a nonprofit organization based in Fort Myers, FL, classified under NTEE code J20. The organization reported total revenue of $5.5M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vetjobs's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vetjobs is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 72.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $9.0M |
| Total Liabilities | $300K |
| Net Assets | $8.7M |
| Operating Margin | 22.9% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 27.9 months |
Financial Health Grade: A
In 2023, Vetjobs reported a surplus of $1.1M with revenue exceeding expenses, holds 27.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vetjobs's revenue has grown at a compound annual growth rate (CAGR) of 72.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.1% | +8.1% | +16.7% |
| 2022 | -19.6% | -8.7% | +6.9% |
| 2021 | +46.6% | +40.1% | +17.3% |
| 2020 | -10.5% | +11.8% | +11.5% |
| 2019 | +16.8% | +14.4% | +30.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vetjobs with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Vetjobs allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization of its size, with revenues approaching $5 million, and suggests a strong commitment to directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Vetjobs:
- Consistent and strong revenue growth over a decade, from $907,152 in 2014 to $4,996,535 in 2023.
- Significant asset growth, from $650,853 in 2014 to $8,966,920 in 2023, indicating strong financial management.
- Zero reported officer compensation across all 13 available IRS 990 filings, demonstrating exceptional commitment to mission spending.
- Consistent operational surpluses, with revenue exceeding expenses in all reported periods, contributing to financial stability.
- Low liabilities relative to assets, indicating responsible financial management and a strong balance sheet.
Frequently Asked Questions about Vetjobs
Is Vetjobs a legitimate charity?
Based on AI analysis of IRS 990 filings, Vetjobs (EIN: 201130252) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Vetjobs spend its money?
Vetjobs directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vetjobs tax-deductible?
Vetjobs is registered as a tax-exempt nonprofit (EIN: 201130252). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Vetjobs a good charity?
Based on its financial data, Vetjobs appears to be a very good charity. It demonstrates strong financial health, consistent growth, and a remarkable commitment to directing funds to its mission by reporting 0% officer compensation across all filings.
How has Vetjobs' financial health changed over time?
Vetjobs has shown exceptional financial growth and health over the past decade. Revenue increased from $907,152 in 2014 to $4,996,535 in 2023, and assets grew from $650,853 to $8,966,920 in the same period, indicating robust and sustained financial development.
What is Vetjobs' approach to executive compensation?
Vetjobs reports 0% officer compensation in all available IRS 990 filings. This indicates that no salaries are paid to its officers, which is a highly unusual and positive indicator of its dedication to maximizing program spending.
How efficient is Vetjobs in its spending?
Vetjobs appears highly efficient. With 0% officer compensation and consistent surpluses, a very high proportion of its expenses are likely directed towards program services and essential operational costs, rather than administrative overhead or executive salaries.
Filing History
IRS 990 filing history for Vetjobs showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vetjobs's revenue has grown by 71075.7%, moving from $7K to $5.0M. Total assets increased by 178880.4% over the same period, from $5K to $9.0M. Total functional expenses rose by 191648.3%, from $2K to $3.9M. In its most recent filing year (2023), Vetjobs reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $300K in liabilities against $9.0M in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $8.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $3.9M | $9.0M | $300K | — | — |
| 2022 | $4.0M | $3.6M | $7.7M | $167K | — | View 990 |
| 2021 | $5.0M | $3.9M | $7.2M | $158K | — | View 990 |
| 2020 | $3.4M | $2.8M | $6.1M | $159K | — | View 990 |
| 2019 | $3.8M | $2.5M | $5.5M | $131K | — | View 990 |
| 2018 | $3.2M | $2.2M | $4.2M | $132K | — | View 990 |
| 2017 | $2.8M | $1.8M | $3.0M | $7K | — | View 990 |
| 2016 | $1.6M | $1.2M | $1.7M | $7K | — | View 990 |
| 2015 | $1.4M | $911K | $1.2M | $0 | — | View 990 |
| 2014 | $907K | $454K | $651K | $32 | — | View 990 |
| 2013 | $208K | $104K | $198K | $342 | — | View 990 |
| 2012 | $155K | $66K | $94K | $0 | — | View 990 |
| 2011 | $7K | $2K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $3.9M, and assets of $9.0M (revenue +25.1% year-over-year).
- 2022: Revenue of $4.0M, expenses of $3.6M, and assets of $7.7M (revenue -19.6% year-over-year).
- 2021: Revenue of $5.0M, expenses of $3.9M, and assets of $7.2M (revenue +46.6% year-over-year).
- 2020: Revenue of $3.4M, expenses of $2.8M, and assets of $6.1M (revenue -10.5% year-over-year).
- 2019: Revenue of $3.8M, expenses of $2.5M, and assets of $5.5M (revenue +16.8% year-over-year).
- 2018: Revenue of $3.2M, expenses of $2.2M, and assets of $4.2M (revenue +17.2% year-over-year).
- 2017: Revenue of $2.8M, expenses of $1.8M, and assets of $3.0M (revenue +71.9% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.2M, and assets of $1.7M (revenue +13.4% year-over-year).
- 2015: Revenue of $1.4M, expenses of $911K, and assets of $1.2M (revenue +56.6% year-over-year).
- 2014: Revenue of $907K, expenses of $454K, and assets of $651K (revenue +335.8% year-over-year).
- 2013: Revenue of $208K, expenses of $104K, and assets of $198K (revenue +34.5% year-over-year).
- 2012: Revenue of $155K, expenses of $66K, and assets of $94K (revenue +2105.1% year-over-year).
- 2011: Revenue of $7K, expenses of $2K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vetjobs:
Data Sources and Methodology
This transparency report for Vetjobs 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.