Howard County Veterans Foundation Inc

Analysis

Howard County Veterans Foundation Inc is a registered charity in United States, based in Mount Airy, MD. It received its IRS tax-exemption ruling in September 2018, 8 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, Howard County Veterans Foundation Inc reported income of $152k and spending of $121k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $152k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Howard County Veterans Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MD. Charities of a similar size with the same main cause include Hagars Heart ($152k), Tomeich Yisroel Inc ($152k) and Forget-Me-Not Baskets Inc ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.