Veterans Action Group

Analysis

Veterans Action Group is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Action Group reported income of $65k and spending of $90k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $58k to $65k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income rose by 1283%. Over the whole period it spent 34% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Veterans Action Group sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within NV. Charities of a similar size with the same main cause include Irish Dancers of Indianapolis ($65k), Cuthbertson High Theater Boosters ($65k) and New Castle Historical Society ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $817k against liabilities of $0, net assets of $817k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.