Village for Vets

Analysis

Village for Vets is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2016, 10 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, Village for Vets reported income of $3.4m and spending of $3.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $3.4m (+1266%), an average of +92% a year. The sharpest change came in the year to December 2020, when income rose by 209%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Village for Vets sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Japanese American Service Committee ($3.4m), Girls Incorporated of Orange County ($3.4m) and Habitat for Humanity International Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (0.7% of expenses). Other salaries and wages came to $986k. At year end it held assets of $695k against liabilities of $101k, net assets of $594k. It reported 25 employees.