Veterans One-Stop Center of Wny Inc
Analysis
Veterans One-Stop Center of Wny Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Veterans One-Stop Center of Wny Inc reported income of $3.0m and spending of $2.6m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $3.0m (+163%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 92% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans One-Stop Center of Wny Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include The Arc Davidson County Inc ($3.0m), National Association for Bilingual Education ($3.0m) and Al Jazari Institute ($3.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.8m against liabilities of $947k, net assets of $822k. It reported 40 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 87%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Arc Davidson County Inc | Lexington | $3.0m |
| National Association for Bilingual Education | Washington | $3.0m |
| Al Jazari Institute | Minneapolis | $3.0m |
| Mount Rushmore National Memorial Society of Black Hills | Rapid City | $3.0m |