Veterans Guest House Inc

Analysis

Veterans Guest House Inc is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover unknown, 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 Guest House Inc reported income of $1.9m and spending of $1.2m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $790k to $1.9m (+144%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Veterans Guest House Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NV. Charities of a similar size with the same main cause include Servants of Christ International Inc ($1.9m), Turley Foundation Inc ($1.9m) and Whitemarsh Community Ambulance Association ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $148k (12% of expenses). Other salaries and wages came to $313k. At year end it held assets of $9.9m against liabilities of $78k, net assets of $9.9m. It reported 10 employees.