Veterans Association of Bristol County Inc

Analysis

Veterans Association of Bristol County Inc is a registered charity in United States, based in Fall River, MA. It received its IRS tax-exemption ruling in January 1994, 32 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 June 2024, Veterans Association of Bristol County Inc reported income of $918k and spending of $792k, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $317k to $918k (+190%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Association of Bristol County Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Illuminart Productions ($918k), Victory Heights Inc ($918k) and Bartlett Center ($918k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $63k (8.0% of expenses). Other salaries and wages came to $109k. At year end it held assets of $590k against liabilities of $6,842, net assets of $584k. It reported 6 employees.