Vets Advocacy Inc

Analysis

Vets Advocacy Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2015, 11 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, Vets Advocacy Inc reported income of $162k and spending of $216k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $260k to $162k (-38%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vets Advocacy Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Wasmver Development Corp ($162k), Ahepa 371 Inc ($162k) and Heritage Corporation of Loris ($162k).

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 $192k (89% of expenses). At year end it held assets of $122k against liabilities of $19k, net assets of $103k.