Veterans Of Foreign Wars Department Of New Hampshire
Veterans Of Foreign Wars Department Of New Hampshire maintains stable finances with growing assets and no executive compensation.
EIN: 20261669 · Nashua, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $86K |
| Total Expenses | $59K |
| Program Spending | 80% |
| Net Assets | $486K |
| Transparency Score | 85/100 |
Is Veterans Of Foreign Wars Department Of New Hampshire Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Veterans Of Foreign Wars Department Of New Hampshire directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Veterans Of Foreign Wars Department Of New Hampshire
Veterans Of Foreign Wars Department Of New Hampshire (EIN: 20261669) is a nonprofit organization based in Nashua, NH. The organization reported total revenue of $86K and total assets of $486K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Of Foreign Wars Department Of New Hampshire's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Veterans Of Foreign Wars Department Of New Hampshire is a micro nonprofit that has been operating for 63 years, with 7 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $59K |
| Surplus / Deficit | +$17K |
| Total Assets | $486K |
| Net Assets | $486K |
| Operating Margin | 23.0% |
| Months of Reserves | 99.4 months |
Financial Health Grade: A
In 2023, Veterans Of Foreign Wars Department Of New Hampshire reported a surplus of $17K with revenue exceeding expenses, holds 99.4 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2011–2023), Veterans Of Foreign Wars Department Of New Hampshire's revenue has declined at a compound annual growth rate (CAGR) of -6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.5% | -0.4% | +3.7% |
| 2022 | +7.9% | +7.3% | +4.3% |
| 2021 | -15.9% | +26.1% | +4.0% |
| 2020 | -62.3% | -38.8% | +14.8% |
| 2013 | +61.3% | -51.7% | +16.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
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 Veterans Of Foreign Wars Department Of New Hampshire 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, Veterans Of Foreign Wars Department Of New Hampshire 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 $17K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and no funds are diverted to executive salaries, which is highly commendable for a nonprofit of its 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.
Strengths
The following positive indicators were identified for Veterans Of Foreign Wars Department Of New Hampshire:
- Consistent asset growth ($327,511 in 201112 to $485,960 in 202312)
- No reported liabilities in recent years ($0 in 202312)
- 0% officer compensation across all filings, indicating volunteer leadership
- Stable revenue in recent periods (around $70k-$80k annually)
Frequently Asked Questions about Veterans Of Foreign Wars Department Of New Hampshire
Is Veterans Of Foreign Wars Department Of New Hampshire a legitimate charity?
Veterans Of Foreign Wars Department Of New Hampshire (EIN: 20261669) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 7 years of IRS 990 filings on record. Total revenue: $86K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Veterans Of Foreign Wars Department Of New Hampshire spend its money?
Veterans Of Foreign Wars Department Of New Hampshire directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Veterans Of Foreign Wars Department Of New Hampshire tax-deductible?
Veterans Of Foreign Wars Department Of New Hampshire is registered as a tax-exempt nonprofit (EIN: 20261669). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Veterans Of Foreign Wars Department Of New Hampshire's spending goes to programs?
Veterans Of Foreign Wars Department Of New Hampshire directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Veterans Of Foreign Wars Department Of New Hampshire located?
Veterans Of Foreign Wars Department Of New Hampshire is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20261669.
How many years of IRS 990 filings does Veterans Of Foreign Wars Department Of New Hampshire have?
Veterans Of Foreign Wars Department Of New Hampshire has 7 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 $86K in total revenue.
Is Veterans Of Foreign Wars Department Of New Hampshire a good charity?
Based on the available IRS 990 data, the organization appears to be a good charity. It has a strong financial position with growing assets ($485,960 in 202312) and no liabilities, and consistently reports 0% officer compensation, indicating efficient use of funds and volunteer leadership.
How has the organization's revenue trended over time?
The organization's revenue has fluctuated significantly, peaking at $228,581 in 201312, then declining to a range of $72,402 - $86,108 in recent years, with the latest reported revenue at $76,173 for 202312.
What is the organization's financial stability?
The organization demonstrates strong financial stability, consistently increasing its assets from $327,511 in 201112 to $485,960 in 202312, and reporting $0 in liabilities in all recent filings since 201312.
Filing History
IRS 990 filing history for Veterans Of Foreign Wars Department Of New Hampshire showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2023), Veterans Of Foreign Wars Department Of New Hampshire's revenue has declined by 53.8%, moving from $165K to $76K. Total assets increased by 48.4% over the same period, from $328K to $486K. Total functional expenses fell by 69.2%, from $191K to $59K. In its most recent filing year (2023), Veterans Of Foreign Wars Department Of New Hampshire reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $59K | $486K | $0 | — | — |
| 2022 | $78K | $59K | $468K | $0 | — | — |
| 2021 | $72K | $55K | $449K | $0 | — | — |
| 2020 | $86K | $44K | $432K | $0 | — | — |
| 2013 | $229K | $71K | $376K | $0 | — | View 990 |
| 2012 | $142K | $147K | $324K | $110K | — | View 990 |
| 2011 | $165K | $191K | $328K | $107K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $76K, expenses of $59K, and assets of $486K (revenue -2.5% year-over-year).
- 2022: Revenue of $78K, expenses of $59K, and assets of $468K (revenue +7.9% year-over-year).
- 2021: Revenue of $72K, expenses of $55K, and assets of $449K (revenue -15.9% year-over-year).
- 2020: Revenue of $86K, expenses of $44K, and assets of $432K (revenue -62.3% year-over-year).
- 2013: Revenue of $229K, expenses of $71K, and assets of $376K (revenue +61.3% year-over-year).
- 2012: Revenue of $142K, expenses of $147K, and assets of $324K (revenue -14.1% year-over-year).
- 2011: Revenue of $165K, expenses of $191K, and assets of $328K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Of Foreign Wars Department Of New Hampshire:
Data Sources and Methodology
This transparency report for Veterans Of Foreign Wars Department Of New Hampshire 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.