Veteran Tickets Foundation

Analysis

Veteran Tickets Foundation is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in July 2010, 16 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, Veteran Tickets Foundation reported income of $228.7m and spending of $228.1m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $91.4m to $228.7m (+150%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 219%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veteran Tickets Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include Lipscomb University ($228.2m), Citrus Health Network Inc ($228.8m) and Neighborhood Healthcare ($225.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $880k (0.4% of expenses). At year end it held assets of $7.4m against liabilities of $36k, net assets of $7.4m. It reported 26 employees.