Vets with a Mission Inc

Analysis

Vets with a Mission Inc is a registered charity in United States, based in Newberry, SC. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Vets with a Mission Inc reported income of $248k and spending of $524k, spending 212% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $558k to $248k (-56%), an average of -18% a year. The sharpest change came in the year to September 2023, when income rose by 62%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Vets with a Mission Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within SC. Charities of a similar size with the same main cause include For the Good ($247k), World Affairs Council of Hilton Head ($248k) and Wings International ($247k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Other salaries and wages came to $57k. At year end it held assets of $84k against liabilities of $3,591, net assets of $80k. It reported 2 employees.