This Able Veteran

Analysis

This Able Veteran is a registered charity in United States, based in Carbondale, IL. It received its IRS tax-exemption ruling in October 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, This Able Veteran reported income of $195k and spending of $332k, spending 171% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $386k to $195k (-50%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, This Able Veteran sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Fairlawn Family Church Inc ($195k), Needle & Frame Inc ($195k) and Healing the Broken Hearted Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $137k. At year end it held assets of $322k against liabilities of $0, net assets of $322k. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.