Student Veterans of America

Analysis

Student Veterans of America is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2008, 18 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 March 2023, Student Veterans of America reported income of $3.3m and spending of $6.2m, spending 191% of what it took in. Across the 5 years on record, from December 2019 to March 2023, income grew from $3.2m to $3.3m (+2.8%), an average of +0.7% a year. The sharpest change came in the year to March 2022, when income rose by 115%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Student Veterans of America sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 74th percentile within DC. Charities of a similar size with the same main cause include Georgia Center for Child Advocacy Inc ($3.3m), Saving Grace Imagine Life Without Violence ($3.3m) and The Cuyahoga County Agricultural Society ($3.3m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $284k (4.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $13.4m against liabilities of $450k, net assets of $13.0m. It reported 33 employees.