Veterans Advocacy Associates Inc

Analysis

Veterans Advocacy Associates Inc is a registered charity in United States, based in Murrieta, CA. It received its IRS tax-exemption ruling in October 2016, 10 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 2022, Veterans Advocacy Associates Inc reported income of $192k and spending of $372k, spending 194% of what it took in. Across the 4 years on record, from December 2018 to December 2022, income fell from $312k to $192k (-39%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Advocacy Associates Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Heartbeat of Monroe Inc ($192k), United North Amityville Youth Organ Ization Inc ($192k) and Bergen Catholic High School Alumni Association Inc ($192k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.