Southwest Veterans Foundation LLC

Analysis

Southwest Veterans Foundation LLC is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Southwest Veterans Foundation LLC reported income of $156k and spending of $162k, spending 104% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $87k to $156k (+80%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southwest Veterans Foundation LLC sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within AZ. Charities of a similar size with the same main cause include Fort Bend Care Center ($156k), Alabama Asset Building Coalition ($156k) and St Vincent de Paul-St Mary of Gostyn ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.