Friends of Disabled Veterans

Analysis

Friends of Disabled Veterans is a registered charity in United States, based in Kennewick, WA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. 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, Friends of Disabled Veterans reported income of $150k and spending of $34k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $164k to $150k (-8.5%), an average of -8.5% a year. Over the whole period it spent 18% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Disabled Veterans sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within WA. Charities of a similar size with the same main cause include Porterville Education Foundation ($150k), Alzheimers Family Services of Greater Beaufort ($150k) and Down Syndrome Association of Northwest Indiana Inc ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $497k against liabilities of $83k, net assets of $414k.