Disabled American Veterans Department of Massachusetts Servic

Analysis

Disabled American Veterans Department of Massachusetts Servic is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Disabled American Veterans Department of Massachusetts Servic reported income of $2.5m and spending of $1.6m, leaving 36% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $2.5m (+148%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 66%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Disabled American Veterans Department of Massachusetts Servic sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Community Treatment Integrations Ok Inc ($2.5m), Willamette Manor Inc ($2.5m) and Habilitative Services of North Florida Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. Other salaries and wages came to $644k. At year end it held assets of $9.5m against liabilities of $1.5m, net assets of $8.1m. It reported 15 employees.