Veterans on the Rise

Analysis

Veterans on the Rise is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Veterans on the Rise reported income of $3.3m and spending of $2.9m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.3m (+94%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Veterans on the Rise sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 75th percentile within DC. Charities of a similar size with the same main cause include The Preemptive Love Coalition ($3.3m), Women with a Vision ($3.4m) and Riverview Estates Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $2.1m against liabilities of $853k, net assets of $1.3m. It reported 14 employees.