Stairlifts for Vets

Analysis

Stairlifts for Vets is a registered charity in United States, based in North Saint Paul, MN. It received its IRS tax-exemption ruling in April 2022, 4 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, Stairlifts for Vets reported income of $109k and spending of $79k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $114k to $109k (-4.7%), an average of -2.4% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stairlifts for Vets sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include John Paul I Knights of Columbus Charity Corporation ($109k), PTA Louisiana Congress ($109k) and Little League Baseball Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $3,428, net assets of $29k.