Friends of Delaware Veterans Inc

Analysis

Friends of Delaware Veterans Inc is a registered charity in United States, based in Dover, DE. 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, Friends of Delaware Veterans Inc reported income of $99k and spending of $32k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $99k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Delaware Veterans Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within DE. Charities of a similar size with the same main cause include Southwest Florida Gwi Housing III Inc ($99k), Delta Home for Children ($99k) and Sno Valley Tilth ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $401k against liabilities of $0, net assets of $401k.