Amvets
Amvets shows fluctuating revenue and expenses, with a deficit in its most recent reported period.
EIN: 20361154 · Salem, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $41K |
| Total Expenses | $48K |
| Program Spending | 80% |
| Net Assets | $155K |
| Transparency Score | 75/100 |
Is Amvets Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amvets directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amvets
Amvets (EIN: 20361154) is a nonprofit organization based in Salem, NH. The organization reported total revenue of $41K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amvets's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amvets is a micro nonprofit that has been operating for 81 years, with 2 years of IRS 990 filings on record (2018–2019). Revenue has grown at a compound annual rate of -44.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $48K |
| Surplus / Deficit | $-8,876 |
| Total Assets | $155K |
| Net Assets | $155K |
| Operating Margin | -22.6% |
| Months of Reserves | 38.6 months |
Financial Health Grade: B
In 2019, Amvets reported a deficit of $9K with expenses exceeding revenue, holds 38.6 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2018–2019), Amvets's revenue has declined at a compound annual growth rate (CAGR) of -44.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -44.0% | -7.4% | -5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amvets with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Amvets allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% in both 2018 and 2019 filings, indicating that no officers received compensation, which is a strong positive for an organization of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Amvets's IRS 990 filings:
- Significant revenue decline from $70,083 in 2018 to $39,214 in 2019
- Expenses ($48,090) exceeded revenue ($39,214) in 2019, leading to a deficit.
Strengths
The following positive indicators were identified for Amvets:
- Zero reported liabilities in both filing periods (2018 and 2019)
- Zero reported officer compensation in both filing periods, indicating good transparency and resource allocation for a small organization.
- Consistent asset base, maintaining over $150,000 in assets despite revenue fluctuations.
Frequently Asked Questions about Amvets
Is Amvets a legitimate charity?
Amvets (EIN: 20361154) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 2 years of IRS 990 filings on record. Total revenue: $41K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Amvets spend its money?
Amvets directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Amvets tax-deductible?
Amvets is registered as a tax-exempt nonprofit (EIN: 20361154). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Amvets's spending goes to programs?
Amvets directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Amvets located?
Amvets is headquartered in Salem, New Hampshire and files with the IRS under EIN 20361154.
How many years of IRS 990 filings does Amvets have?
Amvets has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $41K in total revenue.
Is Amvets a good charity?
Amvets demonstrates good transparency by reporting zero officer compensation and no liabilities. However, its financial stability shows some inconsistency, with a deficit in 2019 where expenses ($48,090) exceeded revenue ($39,214). A 'good' charity often maintains consistent financial health and clear program impact, which would require further analysis beyond the provided data.
What caused the revenue drop from $70,083 in 2018 to $39,214 in 2019?
The provided IRS 990 data does not specify the reasons for the significant revenue decline. Further investigation into their fundraising activities or changes in funding sources would be necessary to understand this drop.
How does Amvets manage its expenses given the fluctuation in revenue?
While expenses increased from $51,918 in 2018 to $48,090 in 2019 (despite the revenue drop), the organization's ability to manage expenses in relation to its fluctuating income is a key factor in its financial health. The deficit in 2019 suggests expenses were not fully adjusted to the lower revenue.
Filing History
IRS 990 filing history for Amvets showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2018–2019), Amvets's revenue has declined by 44%, moving from $70K to $39K. Total assets decreased by 5.4% over the same period, from $164K to $155K. Total functional expenses fell by 7.4%, from $52K to $48K. In its most recent filing year (2019), Amvets reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $39K | $48K | $155K | $0 | — | View 990 |
| 2018 | $70K | $52K | $164K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amvets:
Data Sources and Methodology
This transparency report for Amvets is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.