Veterans Advocacy Foundation Inc

Analysis

Veterans Advocacy Foundation Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 1999, 27 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 2023, Veterans Advocacy Foundation Inc reported income of $489k and spending of $605k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $489k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Advocacy Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within MO. Charities of a similar size with the same main cause include Hua Hsing Chinese Schools Inc ($489k), Arkansas Ecomonic Acceleration Foundation ($489k) and Arts Critic Atl Inc ($489k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (13% of expenses). Other salaries and wages came to $309k. At year end it held assets of $395k against liabilities of $177k, net assets of $218k. It reported 9 employees.