Dayton Veterans Affairs Research and Education Foundation

Analysis

Dayton Veterans Affairs Research and Education Foundation is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Dayton Veterans Affairs Research and Education Foundation reported income of $147k and spending of $87k, leaving 41% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $88k to $147k (+68%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 105%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dayton Veterans Affairs Research and Education Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OH. Charities of a similar size with the same main cause include Abundant Life Recovery Housing Network Inc ($147k), Devon C Rubenstein Foundation Inc ($147k) and Shade of the Tree ($147k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $22k (26% of expenses). Other salaries and wages came to $35k. At year end it held assets of $568k against liabilities of $0, net assets of $568k. It reported 3 employees.