Harry Veterans Community Outreach Services Inc

Analysis

Harry Veterans Community Outreach Services Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Harry Veterans Community Outreach Services Inc reported income of $91k and spending of $91k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $91k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Harry Veterans Community Outreach Services Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Black-Owned Business Excellence ($91k), Santa Clarita Valley Education Foundation ($91k) and Hartington Foundation Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $36k against liabilities of $15k, net assets of $21k.