Veterans Accession House

Analysis

Veterans Accession House is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Accession House reported income of $492k and spending of $525k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $179k to $492k (+175%), an average of +66% a year. The sharpest change came in the year to December 2022, when income rose by 296%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Veterans Accession House sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Allegre Point Senior Residences Inc ($491k), United Church Residences of Athens Georgia Inc ($492k) and Ahepa 35 Inc ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $100k (19% of expenses). Other salaries and wages came to $112k. At year end it held assets of $106k against liabilities of $11k, net assets of $95k. It reported 8 employees.