Veterans Treatment Court of Western North Carolina Foundation

Analysis

Veterans Treatment Court of Western North Carolina Foundation is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Veterans Treatment Court of Western North Carolina Foundation reported income of $137k and spending of $50k, leaving 63% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $7,162 to $137k (+1809%), an average of +1809% a year. The sharpest change came in the year to September 2023, when income rose by 1809%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Veterans Treatment Court of Western North Carolina Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Joshua Project of Schoharie County ($137k), Betterfi ($137k) and Good Neighbor Ministries Rome Inc ($137k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $126k against liabilities of $2,885, net assets of $123k.