Veteran Outdoors Inc

Analysis

Veteran Outdoors Inc is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Outdoors Inc reported income of $51k and spending of $25k, leaving 52% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $515k to $51k (-90%), an average of -54% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Veteran Outdoors Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include Liberty Hill Fishing Team ($51k), New Berlin Eisenhower Football Booster Club ($51k) and Avon Wrestling Club Inc ($51k).

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 $0, net assets of $55k.