Veterans Legal Institute

Analysis

Veterans Legal Institute is a registered charity in United States, based in Tustin, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Legal Institute reported income of $2.3m and spending of $1.7m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.3m (+126%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Veterans Legal Institute sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Hope Haven of Dekalb County Inc ($2.3m), Greenville Community Shelters ($2.3m) and Kenilworth Parkside Resident Management Corporation ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $98k (5.9% of expenses). Other salaries and wages came to $920k. At year end it held assets of $1.9m against liabilities of $134k, net assets of $1.7m. It reported 24 employees.