Committee for the Families of War Veterans

Analysis

Committee for the Families of War Veterans is a registered charity in United States, based in Garnerville, NY. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Committee for the Families of War Veterans reported income of $100k and spending of $155k, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $190k to $100k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 55%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Committee for the Families of War Veterans sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Herman Hesselschwardt 758 Marine Corps League Christmas for Kids ($100k), Virginia Black History Month Association ($100k) and Encore Thrift Emporium ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $258k against liabilities of $0, net assets of $258k.