Women Veterans Ignited Inc

Analysis

Women Veterans Ignited Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Women Veterans Ignited Inc reported income of $658k and spending of $682k, spending 104% of its income. Across the 4 years on record, from January 2021 to December 2023, income grew from $418k to $658k (+57%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Women Veterans Ignited Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include LA Plaza Delaware Inc ($658k), Louisville Regional Airlift Development Inc ($658k) and Boys Girls Adults Community Development Center ($657k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $85k (12% of expenses). Other salaries and wages came to $294k. At year end it held assets of $105k against liabilities of $221, net assets of $104k. It reported 12 employees.