Still Serving Vets

Analysis

Still Serving Vets is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Still Serving Vets reported income of $1.9m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.9m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Still Serving Vets sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within AL. Charities of a similar size with the same main cause include Safenet Services Inc ($1.9m), Family Service & Mental Health Center of Cicero ($1.9m) and Historic Santa Fe Foundation Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $102k (5.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.2m against liabilities of $100k, net assets of $1.1m. It reported 33 employees.