Vets on Track Foundation

Analysis

Vets on Track Foundation is a registered charity in United States, based in Chesterfield, VA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Vets on Track Foundation reported income of $157k and spending of $150k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $157k (+160%), an average of +160% a year. The sharpest change came in the year to December 2023, when income rose by 160%. Over the whole period it spent 183% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vets on Track Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Above the Bar Track Club Inc ($157k), Little League Baseball Inc ($157k) and Edison Ice Hockey Club ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $66k against liabilities of $204k, net assets of -$137k.