Litchfield NH Veterans Group

Analysis

Litchfield NH Veterans Group is a registered charity in United States, based in Litchfield, NH. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Litchfield NH Veterans Group reported income of $55k and spending of $78k, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $55k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Litchfield NH Veterans Group 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 22nd percentile, and in the 23rd percentile within NH. Charities of a similar size with the same main cause include Sprites of East County Inc ($55k), PTA California Congress of Parents Teachers & Students Inc ($55k) and Kenwood Elementary PTA ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $2,697 against liabilities of $0, net assets of $2,697.