Veterans of Foreign Wars We Baggs Sr Post 9960

Analysis

Veterans of Foreign Wars We Baggs Sr Post 9960 is a registered charity in United States, based in Swansboro, NC. It received its IRS tax-exemption ruling in January 1965, 61 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Veterans of Foreign Wars We Baggs Sr Post 9960 reported income of $269k and spending of $259k, spending 96% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $241k to $269k (+12%), an average of +5.6% a year. The sharpest change came in the year to June 2024, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Veterans of Foreign Wars We Baggs Sr Post 9960 sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Bertie County Hive House ($269k), Cca Employee Assistance Fund ($269k) and Disaster Aid USA Incorporated ($269k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.4% and program service revenue 11% of the total. Other salaries and wages came to $75k. At year end it held assets of $60k against liabilities of $0, net assets of $60k. It reported 4 employees.