Veterans Resource Group Inc

Analysis

Veterans Resource Group Inc is a registered charity in United States, based in Forest Park, GA. It received its IRS tax-exemption ruling in November 2019, 7 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, Veterans Resource Group Inc reported income of $576k and spending of $613k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $267k to $576k (+116%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Resource Group Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include The Immanuel Lutheran Church Foundation of Seymour Indiana Inc ($576k), Tri State Broadcasting Assn Inc ($576k) and Farmingdale Care Inc ($576k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $170k. At year end it held assets of $16k against liabilities of $2,000, net assets of $14k. It reported 21 employees.