Veterans Corner

Analysis

Veterans Corner is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in June 2009, 17 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 December 2023, Veterans Corner reported income of $87k and spending of $86k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $146k to $87k (-40%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Corner sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within OK. Charities of a similar size with the same main cause include American Water Works Association ($87k), Georgia Youth Science & Technology Center Inc ($87k) and Alice May - Ue May Chair Iua ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.2m against liabilities of $1,820, net assets of $1.2m.