Military Veterans in Journalism Inc

Analysis

Military Veterans in Journalism Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in April 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 2023, Military Veterans in Journalism Inc reported income of $648k and spending of $625k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $568k to $648k (+14%), an average of +6.8% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Military Veterans in Journalism Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Belmont Mansion Association ($648k), Gretna Productions Inc ($648k) and Interstitial Cystitis Association of America ($648k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $91k (15% of expenses). Other salaries and wages came to $30k. At year end it held assets of $389k against liabilities of $303, net assets of $389k. It reported 1 employees.