Gulf Coast Veterans Advocacy Council Inc

Analysis

Gulf Coast Veterans Advocacy Council Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Gulf Coast Veterans Advocacy Council Inc reported income of $1.5m and spending of $1.5m, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.5m to $1.5m (-4.1%), an average of -2.1% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gulf Coast Veterans Advocacy Council Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Childrens Center of Knoxville Inc ($1.5m), Polk Adolescent Day Treatment Center Inc ($1.5m) and Railroad & Local Young Mens Christian Association of Oneonta ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. At year end it held assets of $1,382 against liabilities of $0, net assets of $1,382.