Veterans United Foundation

Analysis

Veterans United Foundation is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 United Foundation reported income of $7.5m and spending of $11.4m, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.3m to $7.5m (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2020, when income rose by 134%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Veterans United Foundation 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 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Upic Solutions Inc ($7.5m), Adopt a Platoon ($7.5m) and Capital Research Center ($7.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $46k. At year end it held assets of $38.1m against liabilities of $5.5m, net assets of $32.6m.