Veterans in Transition Inc

Analysis

Veterans in Transition Inc is a registered charity in United States, based in Chillicothe, OH. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Veterans in Transition Inc reported income of $296k and spending of $291k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $126k to $296k (+135%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Veterans in Transition Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Grace Childrens Home Co Inc ($296k), Crossroads Ecumenical Resale Shop Inc ($296k) and Casa Guadalupe Education Center Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. Compensation of current officers, directors and key employees was $20k (6.9% of expenses). Other salaries and wages came to $47k. At year end it held assets of $128k against liabilities of $28k, net assets of $100k. It reported 3 employees.