Hayward Veterans Association Inc

Analysis

Hayward Veterans Association Inc is a registered charity in United States, based in Hayward, WI. It received its IRS tax-exemption ruling in July 1994, 32 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, Hayward Veterans Association Inc reported income of $326k and spending of $258k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $326k (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hayward Veterans Association Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($326k), Connoisseur Concerts Association ($326k) and Esther Residence ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% of the total. Other salaries and wages came to $110k. At year end it held assets of $351k against liabilities of $9,100, net assets of $342k. It reported 10 employees.