Citrus County Veterans Foundation Inc

Analysis

Citrus County Veterans Foundation Inc is a registered charity in United States, based in Lecanto, FL. It received its IRS tax-exemption ruling in April 2005, 21 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 June 2024, Citrus County Veterans Foundation Inc reported income of $76k and spending of $54k, leaving 29% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $80k to $76k (-4.6%), an average of -4.6% a year. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Citrus County Veterans Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Christmas Toy Shop Project Inc ($76k), American Association of Physicians of Indian Origin Inc ($76k) and Particular Council Society of St Vincent de Paul ($76k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.