Vietnam Veterans of Massachusetts Inc

Analysis

Vietnam Veterans of Massachusetts Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 1982, 44 years ago. 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, Vietnam Veterans of Massachusetts Inc reported income of $228k and spending of $233k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $228k (+2.5%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vietnam Veterans of Massachusetts Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Palos Verdes Peninsula Girls Softball League Incorporated ($228k), National Federation of the Blind of New York State Inc ($228k) and Korner Gift Shop ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $176k in professional fundraising fees. At year end it held assets of $130k against liabilities of $0, net assets of $130k.