Veterans in Community Service Inc

Analysis

Veterans in Community Service Inc is a registered charity in United States, based in Santa Fe SPGS, CA. It received its IRS tax-exemption ruling in June 1978, 48 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 in Community Service Inc reported income of $1.1m and spending of $1.6m, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.1m (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Veterans in Community Service Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Monsignor Bishop Manor Inc ($1.1m), Tapestry Development Group Inc ($1.1m) and New Life Furniture Bank of Ma Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $156k (10.0% of expenses). Other salaries and wages came to $424k. At year end it held assets of $633k against liabilities of $91k, net assets of $542k. It reported 13 employees.