Veterans R & R

Analysis

Veterans R & R is a registered charity in United States, based in Bull Valley, IL. It received its IRS tax-exemption ruling in August 2014, 12 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, Veterans R & R reported income of $286k and spending of $314k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $240k to $286k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans R & R sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Society of American Military Engineers ($286k), Hebrew Seminary of the Deaf ($286k) and Cornwall Housing Corporation ($286k).

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 $25k against liabilities of $68k, net assets of -$43k.