Veterans Casting Away Disabilities Inc

Analysis

Veterans Casting Away Disabilities Inc is a registered charity in United States, based in West Liberty, IA. It received its IRS tax-exemption ruling in May 2023, 3 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 2022, Veterans Casting Away Disabilities Inc reported income of $59k and spending of $94k, spending 157% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $135k to $59k (-56%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 697%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Casting Away Disabilities Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within IA. Charities of a similar size with the same main cause include Womens Club of Brielle ($59k), Three Lakes Council Inc ($59k) and Kate Weis Memorial Hospital Fund ($59k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 73% and program service revenue 6.6% of the total. At year end it held assets of $104k against liabilities of $1,160, net assets of $103k.