Veterans Future Foundation

Analysis

Veterans Future Foundation is a registered charity in United States, based in Bella Vista, AR. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Future Foundation reported income of $836k and spending of $1.7m, spending 204% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $836k (-45%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 210%. Over the whole period it spent 111% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Veterans Future Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within AR. Charities of a similar size with the same main cause include Applied Strategies International Ltd ($835k), Equity Impact Center ($836k) and Computer and Technology Resource Center ($835k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $95k. At year end it held assets of $711k against liabilities of $1.4m, net assets of -$649k. It reported 3 employees.