Kentucky Veterans Brigade

Analysis

Kentucky Veterans Brigade is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in November 2018, 8 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, Kentucky Veterans Brigade reported income of $160k and spending of $185k, spending 115% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $295k to $160k (-46%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 177%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kentucky Veterans Brigade sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within KY. Charities of a similar size with the same main cause include Friends of Sacramento Arts ($160k), Phoenix School for Creative Learning Inc ($160k) and Eli Siegel-Martha Baird Foundation Inc ($160k).

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 $155k against liabilities of $0, net assets of $155k.

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.