Northern Virginia Veterans Association

Analysis

Northern Virginia Veterans Association is a registered charity in United States, based in Manassas, VA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northern Virginia Veterans Association reported income of $351k and spending of $271k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $96k to $351k (+266%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 142%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northern Virginia Veterans Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Bra Couture KC ($351k), Soni Foundation Inc ($351k) and Owl & Panther ($351k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $138k (51% of expenses). Other salaries and wages came to $55k. At year end it held assets of $203k against liabilities of $0, net assets of $203k. It reported 2 employees.