Western Institute for Veterans Institute

Analysis

Western Institute for Veterans Institute is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Western Institute for Veterans Institute reported income of $7.5m and spending of $6.3m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $7.5m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Western Institute for Veterans Institute sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within UT. Charities of a similar size with the same main cause include Peacehealth Southwest Medical Center Foundation ($7.5m), Malaria Consortium US Inc ($7.5m) and New York City Foundation for Cerebral Palsy Inc ($7.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $9.6m against liabilities of $842k, net assets of $8.7m. It reported 30 employees.