Veterans Serving Veterans Inc

Analysis

Veterans Serving Veterans Inc is a registered charity in United States, based in Cadillac, MI. It received its IRS tax-exemption ruling in April 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 Serving Veterans Inc reported income of $125k and spending of $62k, leaving 50% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $135k to $125k (-7.4%), an average of -3.8% a year. Over the whole period it spent 39% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Veterans Serving Veterans Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within MI. Charities of a similar size with the same main cause include Residential Housing Affiliates Inc ($125k), Assistance League of Los Gatos- Saratoga ($125k) and Hope in Motion International ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $656k against liabilities of $0, net assets of $656k.