Veterans Promise

Analysis

Veterans Promise is a registered charity in United States, based in Dickson City, PA. It received its IRS tax-exemption ruling in April 2017, 9 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, Veterans Promise reported income of $142k and spending of $128k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $142k (+14%), an average of +14% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Promise sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include St Pauls Nursery School Inc ($142k), Knowlton Township Co 1 ($142k) and Pentecostal Council Refuge of Salvation Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $127k against liabilities of $3,631, net assets of $123k.