Donor Outreach for Veterans Corp

Analysis

Donor Outreach for Veterans Corp is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Donor Outreach for Veterans Corp reported income of $245k and spending of $166k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $245k (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Donor Outreach for Veterans Corp sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Action for Health in the Americas Inc ($245k), Pickaway Addiction Action Coalition ($245k) and Health Council of West Central Florida Inc ($245k).

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 $65k (39% of expenses). At year end it held assets of $133k against liabilities of $2,666, net assets of $131k. It reported 1 employees.