Balanced Veterans

Analysis

Balanced Veterans is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Balanced Veterans reported income of $91k and spending of $120k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $91k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Balanced Veterans sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include Georgia Society for Healthcare Engineers ($91k), PTA California Congress of Parents Teachers & Students Inc ($91k) and Early American Coppers Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 9.9% of the total. At year end it held assets of $7,029 against liabilities of $0, net assets of $7,029.