Jerry Ambrose Veterans Council of Mohave County Inc

Analysis

Jerry Ambrose Veterans Council of Mohave County Inc is a registered charity in United States, based in Kingman, AZ. It received its IRS tax-exemption ruling in October 2023, 3 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 (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, Jerry Ambrose Veterans Council of Mohave County Inc reported income of $908k and spending of $1.1m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $334k to $908k (+172%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jerry Ambrose Veterans Council of Mohave County Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include Pickens County Meals on Wheels Inc ($908k), Mayslake Annex II NFP ($908k) and Big Brothers-Big Sisters of the National Capital Area ($908k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $118k (11% of expenses). Other salaries and wages came to $130k. At year end it held assets of $1.3m against liabilities of $183k, net assets of $1.1m. It reported 10 employees.