Amvets
Amvets shows strong revenue growth and zero liabilities, with no reported officer compensation.
EIN: 20600880 · Dayton, OH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $819K |
| Total Expenses | $695K |
| Program Spending | 80% |
| Net Assets | $526K |
| Transparency Score | 85/100 |
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: 20600880) is a nonprofit organization based in Dayton, OH. The organization reported total revenue of $819K and total assets of $607K 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 small nonprofit that has been operating for 81 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $798K |
| Total Expenses | $695K |
| Surplus / Deficit | +$104K |
| Total Assets | $526K |
| Net Assets | $526K |
| Operating Margin | 13.0% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2023, Amvets reported a surplus of $104K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Amvets's revenue has grown at a compound annual growth rate (CAGR) of 21.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +66.0% | +51.9% | +24.7% |
| 2022 | +28.8% | +33.6% | +6.0% |
| 2021 | +44.0% | +38.4% | +8.5% |
| 2020 | -29.6% | -10.8% | +3.4% |
| 2019 | -6.5% | -0.7% | +34.6% |
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 85 out of 100 (Excellent). 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $104K, with revenue exceeding expenses.
Executive Compensation Analysis
Amvets consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This suggests a volunteer-led or very lean executive structure, which can maximize funds directed towards the organization's mission.
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:
- NTEE Code is unknown, making it difficult to benchmark against similar organizations.
- Detailed breakdown of program vs. administrative vs. fundraising expenses is not explicitly provided in the summary data, limiting granular efficiency analysis.
Strengths
The following positive indicators were identified for Amvets:
- Consistent revenue growth, from $126,793 in 2013 to $798,024 in 2023.
- Zero reported liabilities across all filing periods, indicating strong financial health and no debt.
- Significant asset growth from $26,023 in 2013 to $526,060 in 2023.
- 0% officer compensation reported, suggesting a highly efficient or volunteer-driven leadership structure.
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Amvets
Is Amvets a legitimate charity?
Amvets (EIN: 20600880) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $819K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
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: 20600880). 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 Dayton, Ohio and files with the IRS under EIN 20600880.
How many years of IRS 990 filings does Amvets have?
Amvets has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $819K in total revenue.
Is Amvets financially stable?
Yes, Amvets appears financially stable. It has consistently grown its revenue from $126,793 in 2013 to $798,024 in 2023, and maintains zero liabilities across all reported periods, indicating a very healthy balance sheet.
How has Amvets' asset base changed over time?
Amvets has significantly grown its assets, from $26,023 in 2013 to $526,060 in 2023, demonstrating strong financial accumulation and capacity building.
Does Amvets pay its officers?
No, Amvets consistently reports 0% officer compensation in its IRS 990 filings, indicating that no salaries or other compensation are paid to its officers.
What is Amvets' revenue trend?
Amvets has experienced substantial revenue growth, increasing from $126,793 in 2013 to $798,024 in 2023, showing a strong upward trajectory over the past decade.
Filing History
IRS 990 filing history for Amvets showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Amvets's revenue has grown by 916.8%, moving from $78K to $798K. Total assets increased by 799.9% over the same period, from $58K to $526K. Total functional expenses rose by 780%, from $79K to $695K. In its most recent filing year (2023), Amvets reported a surplus of $104K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $798K | $695K | $526K | $0 | — | View 990 |
| 2022 | $481K | $457K | $422K | $0 | — | View 990 |
| 2021 | $373K | $342K | $398K | $0 | — | View 990 |
| 2020 | $259K | $247K | $367K | $0 | — | View 990 |
| 2019 | $368K | $277K | $355K | $0 | — | — |
| 2018 | $394K | $279K | $264K | $0 | — | View 990 |
| 2017 | $214K | $123K | $149K | $0 | — | View 990 |
| 2016 | $159K | $124K | $58K | $0 | — | View 990 |
| 2015 | $184K | $196K | $22K | $0 | — | View 990 |
| 2013 | $127K | $140K | $26K | $0 | — | View 990 |
| 2012 | $111K | $130K | $39K | $0 | — | View 990 |
| 2011 | $78K | $79K | $58K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $798K, expenses of $695K, and assets of $526K (revenue +66.0% year-over-year).
- 2022: Revenue of $481K, expenses of $457K, and assets of $422K (revenue +28.8% year-over-year).
- 2021: Revenue of $373K, expenses of $342K, and assets of $398K (revenue +44.0% year-over-year).
- 2020: Revenue of $259K, expenses of $247K, and assets of $367K (revenue -29.6% year-over-year).
- 2019: Revenue of $368K, expenses of $277K, and assets of $355K (revenue -6.5% year-over-year).
- 2018: Revenue of $394K, expenses of $279K, and assets of $264K (revenue +83.7% year-over-year).
- 2017: Revenue of $214K, expenses of $123K, and assets of $149K (revenue +34.5% year-over-year).
- 2016: Revenue of $159K, expenses of $124K, and assets of $58K (revenue -13.4% year-over-year).
- 2015: Revenue of $184K, expenses of $196K, and assets of $22K (revenue +45.2% year-over-year).
- 2013: Revenue of $127K, expenses of $140K, and assets of $26K (revenue +14.6% year-over-year).
- 2012: Revenue of $111K, expenses of $130K, and assets of $39K (revenue +41.0% year-over-year).
- 2011: Revenue of $78K, expenses of $79K, and assets of $58K.
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.