Vets Roll Inc

Analysis

Vets Roll Inc is a registered charity in United States, based in South Beloit, IL. It received its IRS tax-exemption ruling in September 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, Vets Roll Inc reported income of $714k and spending of $489k, leaving 32% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $641k to $714k (+11%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income dropped by 50%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vets Roll Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Artsok Inc ($714k), Delaware Valley Christian Camp ($714k) and Torchlight Youth Mentoring Alliance ($714k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $2.1m against liabilities of $21k, net assets of $2.1m.