VFW Post 1 Foundation

Analysis

VFW Post 1 Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2018, 8 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 2022, VFW Post 1 Foundation reported income of $886k and spending of $837k, spending 95% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $151k to $886k (+488%), an average of +488% a year. The sharpest change came in the year to December 2022, when income rose by 488%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, VFW Post 1 Foundation 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 76th percentile within CO. Charities of a similar size with the same main cause include Marysville Area Ministerial Association ($886k), Welcomehealth ($886k) and Volunteer Healthcare Clinic Inc ($886k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $203k against liabilities of $0, net assets of $203k.