Bowlers to Veterans Link Inc

Analysis

Bowlers to Veterans Link Inc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in April 1976, 50 years ago. 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 July 2023, Bowlers to Veterans Link Inc reported income of $1.4m and spending of $1.5m, spending 106% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.1m to $1.4m (+29%), an average of +6.6% a year. The sharpest change came in the year to July 2022, when income rose by 75%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bowlers to Veterans Link Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Cheyenne Mountain Charter Academy Foundation ($1.4m), People Aiding the Multi-Handicapped P a M Group Home ($1.4m) and Peninsula Ambulance Corps ($1.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $85k (5.6% of expenses). Other salaries and wages came to $1,575. At year end it held assets of $2.1m against liabilities of $74k, net assets of $2.0m. It reported 1 employees.