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Center for Veterans Issues Inc

RegisteredEIN 39-1712359Milwaukee, WIHousing and shelter
Income$9.7m2023-12
Spending$10.0msame year
Spent / received96%5-year average
Size in its cause95th pctHousing and shelter
Exempt since1992Publicly supported organisat
Employees109latest return

Analysis

Center for Veterans Issues Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Center for Veterans Issues Inc reported income of $9.7m and spending of $10.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $9.7m (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Center for Veterans Issues Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Association for Retarded Citizens Housing Development Services Inc ($9.7m), BST Senior Living East Inc ($9.7m) and Western Reserve Revitalization & Management Co ($9.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 26% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $6.4m against liabilities of $2.3m, net assets of $4.2m. It reported 109 employees.

Income and spending

$0$2.5m$5.0m$7.5m$10.0m2019 Income: $7,423,1422019 Spending: $7,304,90620192020 Income: $9,047,4332020 Spending: $8,165,42220202021 Income: $8,532,0022021 Spending: $8,066,08420212022 Income: $9,627,3442022 Spending: $9,049,63820222023 Income: $9,695,0852023 Spending: $9,987,4682023
IncomeSpending

Where the income comes from

  • Contributions & grants 70%
  • Program services 26%
  • Other 4.4%

Similar-sized charities, same cause

CharityLocationIncome
Association for Retarded Citizens Housing Development Services IncGreensboro$9.7m
BST Senior Living East IncSan Antonio$9.7m
Western Reserve Revitalization & Management CoCleveland$9.7m
United States Catholic ConferencePhoenix$9.7m