Veterans Resource Center

Analysis

Veterans Resource Center is a registered charity in United States, based in Freeland, WA. It received its IRS tax-exemption ruling in August 2011, 15 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, Veterans Resource Center reported income of $189k and spending of $146k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $189k (+71%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Resource Center sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within WA. Charities of a similar size with the same main cause include Altamont Free Library Assn ($189k), New Jersey Funeral Service Education Corporation ($189k) and Parc Workshop Inc ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $10k, net assets of $45k.