Disabled Veterans National Foundation

Analysis

Disabled Veterans National Foundation is a registered charity in United States, based in Lanham, MD. It received its IRS tax-exemption ruling in February 2008, 18 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 September 2023, Disabled Veterans National Foundation reported income of $25.7m and spending of $30.1m, spending 117% of what it took in. Across the 4 years on record, from December 2019 to September 2023, income fell from $27.6m to $25.7m (-6.9%), an average of -2.3% a year. The sharpest change came in the year to September 2021, when income rose by 26%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Disabled Veterans National Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include Southern California Tribal Chairmens Association ($25.7m), Columbia University Retiree Medical and Life Ins Benefits TR ($25.8m) and L U K Crisis Center Inc ($25.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $162k (0.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.5m against liabilities of $17.6m, net assets of -$13.1m. It reported 24 employees.