Virginians for Veterans

Analysis

Virginians for Veterans is a registered charity in United States, based in N Chesterfld, VA. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Virginians for Veterans reported income of $379k and spending of $408k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $355k to $379k (+6.6%), an average of +1.6% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginians for Veterans sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include Resident Advisory Board of Philadelphia ($379k), Case Western Reserve University Endowment Trust for Distinguished ($379k) and Childrens Rainbow a Cooperative Preschool ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17 against liabilities of $0, net assets of $17.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.