Veterans and Athletes United Inc

Analysis

Veterans and Athletes United Inc is a registered charity in United States, based in N Chesterfld, VA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 and Athletes United Inc reported income of $212k and spending of $206k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $223k to $212k (-4.8%), an average of -4.8% a year. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Veterans and Athletes United Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Mission 514 Inc ($212k), Charlotte Life Navigators Inc ($212k) and Victory Restoration Centers ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $285k against liabilities of $0, net assets of $285k.