Heaven on Earth for Veterans Inc

Analysis

Heaven on Earth for Veterans Inc is a registered charity in United States, based in St Pete Beach, FL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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 2022, Heaven on Earth for Veterans Inc reported income of $347k and spending of $238k, leaving 31% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $300k to $347k (+16%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heaven on Earth for Veterans Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Harbor Dish Inc ($347k), Arica Institute Inc ($347k) and Hooks for Heroes ($347k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 49% of the total. Compensation of current officers, directors and key employees was $67k (28% of expenses). At year end it held assets of $1.0m against liabilities of $52k, net assets of $988k. It reported 1 employees.