Citizens Veterans Association Inc

Analysis

Citizens Veterans Association Inc is a registered charity in United States, based in Grayson, KY. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Citizens Veterans Association Inc reported income of $625k and spending of $491k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $17k to $625k (+3599%), an average of +508% a year. The sharpest change came in the year to December 2022, when income rose by 2086%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Citizens Veterans Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within KY. Charities of a similar size with the same main cause include Central Florida Aerospace Academy Foundation Inc ($625k), Chinese American Cooperation Council ($625k) and Nonprofit Knowledge Works Inc ($625k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. Compensation of current officers, directors and key employees was $90k (18% of expenses). At year end it held assets of $197k against liabilities of $0, net assets of $197k.