Veterans Airlift Command

Analysis

Veterans Airlift Command is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2006, 20 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, Veterans Airlift Command reported income of $4.3m and spending of $3.3m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.4m to $4.3m (-20%), an average of -5.6% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Veterans Airlift Command sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Good Neighbor Settlement House Inc ($4.3m), National Center for Victims of Crime Inc ($4.3m) and Neighborhood Services Organization Inc ($4.3m).

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 $219k (6.6% of expenses). Other salaries and wages came to $152k. At year end it held assets of $12.7m against liabilities of $113k, net assets of $12.6m. It reported 5 employees.