23rd Veteran

Analysis

23rd Veteran is a registered charity in United States, based in Esko, MN. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, 23rd Veteran reported income of $486k and spending of $579k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $486k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 165%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 23rd Veteran sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include Lakewood United Methodist Preschool ($486k), Dakota College at Bottineau Foundation ($486k) and Southeast Senior Services Council Inc ($486k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $83k (14% of expenses). Other salaries and wages came to $174k. At year end it held assets of $448k against liabilities of $525k, net assets of -$77k. It reported 9 employees.