Senior Veterans Inc

Analysis

Senior Veterans Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 2012, 14 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 December 2023, Senior Veterans Inc reported income of $221k and spending of $197k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $117k to $221k (+89%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Veterans Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Happen Inc ($221k), Furnishing Hope of Massachusetts Inc ($221k) and Tfalls Foundation Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $88k. At year end it held assets of $135k against liabilities of $50k, net assets of $85k. It reported 2 employees.