Vets 4 Veterans

Analysis

Vets 4 Veterans is a registered charity in United States, based in Palmdale, CA. It received its IRS tax-exemption ruling in September 2022, 4 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, Vets 4 Veterans reported income of $269k and spending of $142k, leaving 47% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $152k to $269k (+77%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 165%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vets 4 Veterans sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include St John Fathers Club ($269k), Utah Housing Coalition Inc ($269k) and LA Luz Hispana ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $889k against liabilities of $1,207, net assets of $888k.