Veterans Thrift Non Profit Corporation

Analysis

Veterans Thrift Non Profit Corporation is a registered charity in United States, based in LK Havasu Cty, AZ. It received its IRS tax-exemption ruling in May 2015, 11 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 Thrift Non Profit Corporation reported income of $235k and spending of $203k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $223k to $235k (+5.5%), an average of +5.5% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Veterans Thrift Non Profit Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within AZ. Charities of a similar size with the same main cause include At Home on the Sound Inc ($235k), Friends of the Senior Activity Center of Sheboygan Inc ($235k) and Oracles of Truth ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $14k (7.1% of expenses). Other salaries and wages came to $93k. At year end it held assets of $122k against liabilities of $2,207, net assets of $119k. It reported 4 employees.