Veterans Outreach of Wisconsin

Analysis

Veterans Outreach of Wisconsin is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, 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 2023, Veterans Outreach of Wisconsin reported income of $3.0m and spending of $3.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $740k to $3.0m (+300%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 410%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Veterans Outreach of Wisconsin sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Chinatown Community Childrens Center ($3.0m), Thea Bowman House Inc ($3.0m) and Refuge House Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $443k. At year end it held assets of $1.5m against liabilities of $152k, net assets of $1.4m. It reported 18 employees.