East Texas Veterans Community Council

Analysis

East Texas Veterans Community Council is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in August 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 (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, East Texas Veterans Community Council reported income of $1.1m and spending of $665k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.1m (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2021, when income rose by 184%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Texas Veterans Community Council sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include National Alliance on Mental Illness-Colorado Springs ($1.1m), Cherry Creek Schools Foundation ($1.1m) and Carnegie Hall a Corporation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $71k (11% of expenses). Other salaries and wages came to $149k. At year end it held assets of $4.1m against liabilities of $4,647, net assets of $4.1m. It reported 6 employees.