Public Charity

VERITE INC

Based in NORTHAMPTON, MA, VERITE INC operates as a Public Charity. The organization reported $11.8M in revenue, $12.7M in expenses, $5.0M in total assets for fiscal year 2024. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $454K.

EIN: 043304538 NORTHAMPTON, MA Research Institutes & Public Policy Analysis NTEE: A05 Latest filing: 2024
Total Revenue$11.8M
Total Expenses$12.7M
Total Assets$5.0M
Grant Records11
Funding Total$454K
Filing Years2019–2024

Mission

TO ENSURE THAT PEOPLE WORLDWIDE WORK UNDER SAFE, FAIR AND LEGAL WORKING CONDITIONS.

Where $100 goes at Verite Inc

How Verite Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$64
Verite undertook 28 independent, high-quality, original research projects for 18 funders in 28 countries in 2024
67% of program spending
$17
Verite conducted 173 comprehensive audits, investigations, and screenings, including via our remote forced labor screening tool, cumulus, to provide 22 companies with crucial insights into working conditions in…
18% of program spending
$12
Verite completed 86 consulting engagements, guiding 26 different partners in 19 counties through processes which strengthened their commitment and adherence to prevailing human rights due diligence principles
13% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Brian Lifsec
CLERK Daniel Viederman
DIRECTOR David Levi
CHIEF COMMERCIAL OFFICER Declan Croucher
DIRECTOR Doug Cahn
DIRECTOR Elizabeth Akanbombire

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$115,000 1 grant
Research & Policy
$68,000 1 grant
Environment & Conservation
$10,000 1 grant
Unspecified
$260,948 8 grants

Financial Trends

Year Revenue Expenses Assets
2024 $11.8M $12.7M $5.0M
2023 $13.5M $12.8M $5.3M
2022 $10.0M $10.6M $5.5M
2020 $8.0M $8.3M $4.7M
2019 $8.5M $9.5M $5.1M

Between 2019 and 2024, reported annual revenue grew from $8.5M to $11.8M (+39%), with total assets most recently reported at $5.0M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for VERITE INC

Complete financials, all 11 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
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