VERITE INC
AI Summary
VERITE INC is a nonprofit focused on arts and culture and international economics and trade, with a mission to provide worldwide inspection, verification, and certification of non-abusive labor practices for manufacturers producing consumer goods for the U.S. market. In filing year 2024, it reported an operating budget of $12.7M and total revenue of $11.8M, with major support from Humanity United Action, WAL-MART FOUNDATION, Humanity United, THE FREEDOM FUND, and SKOLL FUND C/O SILICON VALLEY COMMUNITY FOUNDATION; no single listed funder accounts for 50% or more of revenue.
Mission Statement
TO PROVIDE WORLD-WIDE INSPECTION, VERIFICATION AND CERTIFICATION OF NON-ABUSIVE LABOR PRACTICES OF MANUFACTURERS PRODUCING CONSUMER GOODS FOR THE U.S. MARKET.
Cause Areas
2
International economics and trade
Arts and culture
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 14 funders
- 23 board & team members
- 10 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is VERITE INC’s budget?
In 2024, VERITE INC reported an annual operating budget of around $12.7 million. More detailed financial information is available to registered users.
What causes does VERITE INC support?
VERITE INC supports work in International economics and trade and Arts and culture.
Where does VERITE INC operate?
VERITE INC is headquartered in Amherst, MA.
Who funded VERITE INC recently?
In 2024, VERITE INC received grants from WAL-MART FOUNDATION, THE FREEDOM FUND, and MATEM FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant VERITE INC received in 2024?
The largest grant to VERITE INC in 2024 exceeds $500 thousand.