Idaho Veterans Research and Education Foundation Inc

Analysis

Idaho Veterans Research and Education Foundation Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Idaho Veterans Research and Education Foundation Inc reported income of $718k and spending of $908k, spending 127% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.1m to $718k (-66%), an average of -24% a year. The sharpest change came in the year to September 2023, when income dropped by 42%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Idaho Veterans Research and Education Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within ID. Charities of a similar size with the same main cause include Rutledge Cancer Foundation ($718k), Julie Fund Inc ($718k) and Brain Injury Association of Maryland Inc ($718k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $159k (18% of expenses). Other salaries and wages came to $453k. At year end it held assets of $654k against liabilities of $31k, net assets of $623k. It reported 24 employees.