Veterans in Motion Inc

Analysis

Veterans in Motion Inc is a registered charity in United States, based in Bullhead City, AZ. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover health care, 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, Veterans in Motion Inc reported income of $70k and spending of $37k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $70k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 33% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Veterans in Motion Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within AZ. Charities of a similar size with the same main cause include Pancreatic Cancer Cure Foundation ($70k), Davidson County Rescue Squad Inc ($70k) and Craniocervical Foundation Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.