Veterans and Family Assistance Center
Analysis
Veterans and Family Assistance Center is a registered charity in United States, based in Upatoi, GA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, Veterans and Family Assistance Center reported income of $210k and spending of $229k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $219k to $210k (-3.8%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 76% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Veterans and Family Assistance Center sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within GA. Charities of a similar size with the same main cause include Deaf and Hard of Hearing Institute of Christian Education ($210k), United Interfaith Action of Southern Massachusetts ($210k) and Contagious Disciple Making ($210k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $112k (49% of expenses). Other salaries and wages came to $14k. At year end it held assets of $219k against liabilities of $1,973, net assets of $217k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.9%
- Program services 98%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Deaf and Hard of Hearing Institute of Christian Education | Cincinnati | $210k |
| United Interfaith Action of Southern Massachusetts | Fall River | $210k |
| Contagious Disciple Making | Greer | $210k |
| Friends of Larche Inc | Decatur | $210k |