Veteran Housing Solutions

Analysis

Veteran Housing Solutions is a registered charity in United States, based in Strongsville, OH. It received its IRS tax-exemption ruling in March 2019, 7 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, Veteran Housing Solutions reported income of $251k and spending of $268k, spending 107% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $521k to $251k (-52%), an average of -31% a year. The sharpest change came in the year to December 2020, when income dropped by 69%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veteran Housing Solutions sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Elmhurst Baseball Leagues Inc ($251k), Montgomery Township Baseball League Inc ($251k) and Patriot Military Family Foundation ($251k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. At year end it held assets of $211k against liabilities of $147k, net assets of $63k.