Veterans Leadership Program of Western Pennsylvania Inc

Analysis

Veterans Leadership Program of Western Pennsylvania Inc is a registered charity in United States, based in Braddock, PA. It received its IRS tax-exemption ruling in January 1984, 42 years ago. 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 Leadership Program of Western Pennsylvania Inc reported income of $11.3m and spending of $10.6m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $11.3m (+155%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Leadership Program of Western Pennsylvania Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Senior Citizens Housing Development Corporation of Fontana ($11.3m), Macomb Residential Opportunties Inc ($11.3m) and Midwest Special Services Inc ($11.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $152k (1.4% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $3.5m against liabilities of $609k, net assets of $2.9m. It reported 97 employees.