Veterans of Foreign Wars Department of Arkansas

Analysis

Veterans of Foreign Wars Department of Arkansas is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in September 1966, 60 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2021, Veterans of Foreign Wars Department of Arkansas reported income of $255k and spending of $262k, spending 103% of its income. Across the 2 years on record, from June 2019 to December 2021, income grew from $236k to $255k (+8.0%), an average of +8.0% a year. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans of Foreign Wars Department of Arkansas sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within AR. Charities of a similar size with the same main cause include Sass Foundation for Medical Research Inc ($255k), The Emmanuel Reformed Church Endowment Foundation ($255k) and Central Illinois Youth Symphony ($255k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 20% and program service revenue 77% of the total. Other salaries and wages came to $27k. At year end it held assets of $246k against liabilities of $114k, net assets of $133k. It reported 4 employees.