National Association for Black Veterans Inc

Analysis

National Association for Black Veterans Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in April 1983, 43 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2022, National Association for Black Veterans Inc reported income of $65k and spending of $57k, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $27k to $65k (+138%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 368%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Association for Black Veterans Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within WI. Charities of a similar size with the same main cause include Rehoboth Summer Childrens Theatre ($65k), PTA North Carolina Congress ($65k) and Legatus of Boston ($65k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $265k against liabilities of $3, net assets of $265k. It reported 1 employees.