Veterans Rural Outreach Ky Inc

Analysis

Veterans Rural Outreach Ky Inc is a registered charity in United States, based in Finchville, KY. It received its IRS tax-exemption ruling in February 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, Veterans Rural Outreach Ky Inc reported income of $165k and spending of $117k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $165k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Rural Outreach Ky Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within KY. Charities of a similar size with the same main cause include The North Carolina Cpa Foundation Inc ($165k), The Friends of the J V Fletcher Library Inc ($165k) and Mecosta County Council on Aging ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $30k. At year end it held assets of $534k against liabilities of $0, net assets of $534k.