Veterans Community Project

Analysis

Veterans Community Project is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 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 2023, Veterans Community Project reported income of $13.4m and spending of $9.5m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $13.4m (+244%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Community Project sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include North Star Fund Inc ($13.4m), El Nido Family Centers ($13.4m) and Boy Scouts of America ($13.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $908k (9.5% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $25.6m against liabilities of $2.5m, net assets of $23.1m. It reported 85 employees.