East Hampton Veterans Association Inc

Analysis

East Hampton Veterans Association Inc is a registered charity in United States, based in East Hampton, NY. It received its IRS tax-exemption ruling in December 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, East Hampton Veterans Association Inc reported income of $98k and spending of $127k, spending 130% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $525k to $98k (-81%), an average of -57% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Hampton Veterans Association Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include East Arkansas Community College Foundation Inc ($98k), Pasadena Pro Musica ($98k) and Burlington Kiwanis Youth and Family Assistance Foundation Inc ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $657k against liabilities of $0, net assets of $657k.