North Dakota Veterans Home Foundation Inc

Analysis

North Dakota Veterans Home Foundation Inc is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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, North Dakota Veterans Home Foundation Inc reported income of $132k and spending of $37k, leaving 72% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $69k to $132k (+91%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 26% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Dakota Veterans Home Foundation Inc 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 44th percentile, and in the 35th percentile within ND. Charities of a similar size with the same main cause include Central Davidson Athletic Foundation ($132k), Henderson Fire Department Relief Association ($132k) and Buckingham Terrace II Inc ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $601k against liabilities of $0, net assets of $601k.