California Veteran Entrepreneurs Inc

Analysis

California Veteran Entrepreneurs Inc is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, California Veteran Entrepreneurs Inc reported income of $62k and spending of $63k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $62k (+1.5%), an average of +1.5% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, California Veteran Entrepreneurs Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Alamogordo Rotary Foundation Inc ($62k), Aauw Saint George Branch ($62k) and Sandy Chamber Economic Development Foundation ($62k).

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 $668 against liabilities of $0, net assets of $668.