Iraq and Afghanistan Veterans of America Inc

Analysis

Iraq and Afghanistan Veterans of America Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Iraq and Afghanistan Veterans of America Inc reported income of $1.3m and spending of $2.7m, spending 202% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $1.3m (-60%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iraq and Afghanistan Veterans of America Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 60th percentile within DC. Charities of a similar size with the same main cause include Christian Care Holding Company Inc ($1.3m), Center for the Blind and Disabled ($1.3m) and Alaska Adoption Services ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $328k (12% of expenses). Other salaries and wages came to $708k. At year end it held assets of $2.6m against liabilities of $65k, net assets of $2.5m. It reported 14 employees.