Edward Kline Memorial Homeless Veterans Fund

Analysis

Edward Kline Memorial Homeless Veterans Fund is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2012, 14 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, Edward Kline Memorial Homeless Veterans Fund reported income of $708k and spending of $543k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $306k to $708k (+131%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Edward Kline Memorial Homeless Veterans Fund sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within NV. Charities of a similar size with the same main cause include United Services Housing Development Fund Corporation ($707k), Vero Beach Elderly Housing Inc ($709k) and Hope of Evansville Inc ($707k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $158k (29% of expenses). Other salaries and wages came to $73k. At year end it held assets of $498k against liabilities of $25k, net assets of $474k. It reported 4 employees.