Veterans Brotherhood

Analysis

Veterans Brotherhood is a registered charity in United States, based in Pennsburg, PA. It received its IRS tax-exemption ruling in June 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 Brotherhood reported income of $91k and spending of $82k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $91k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Brotherhood sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within PA. Charities of a similar size with the same main cause include Fall City Elementary Ptsa 2 18 15 ($91k), PTA Florida Congress ($91k) and Virginia Congress of Parents and Teachers ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.