Veterans Legacy

Analysis

Veterans Legacy is a registered charity in United States, based in Veneta, OR. It received its IRS tax-exemption ruling in January 2017, 9 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, Veterans Legacy reported income of $708k and spending of $538k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $345k to $708k (+105%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 193%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Veterans Legacy sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OR. Charities of a similar size with the same main cause include Rising Phoenix ($708k), Champlain Islanders Developing Essential Resources ($708k) and Riverbend Family Ministries NFP ($708k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Other salaries and wages came to $113k. At year end it held assets of $4.3m against liabilities of -$1,550, net assets of $4.3m. It reported 4 employees.