Veterans Of Foreign Wars Of The United States
Veterans Of Foreign Wars Of The United States shows consistent financial stability with no reported officer compensation.
EIN: 20213632 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $547K |
| Total Expenses | $728K |
| Program Spending | 90% |
| Net Assets | $554K |
| Transparency Score | 85/100 |
Is Veterans Of Foreign Wars Of The United States 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 Of The United States directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Veterans Of Foreign Wars Of The United States
Veterans Of Foreign Wars Of The United States (EIN: 20213632) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $547K and total assets of $682K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Of Foreign Wars Of The United States's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Veterans Of Foreign Wars Of The United States is a small nonprofit that has been operating for 63 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $738K |
| Total Expenses | $728K |
| Surplus / Deficit | +$10K |
| Total Assets | $556K |
| Total Liabilities | $2K |
| Net Assets | $554K |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2023, Veterans Of Foreign Wars Of The United States reported a surplus of $10K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Veterans Of Foreign Wars Of The United States's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.5% | +2.9% | +7.0% |
| 2022 | +13.9% | +5.0% | -10.6% |
| 2021 | +137.7% | +106.8% | +20.1% |
| 2020 | -13.1% | -3.4% | -8.8% |
| 2019 | -11.8% | -9.8% | -2.8% |
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 Of The United States 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Veterans Of Foreign Wars Of The United States allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is likely volunteer-based, which is highly efficient for a nonprofit 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.
Strengths
The following positive indicators were identified for Veterans Of Foreign Wars Of The United States:
- Consistent financial stability with revenues generally exceeding expenses (e.g., $737,733 revenue vs. $728,183 expenses in 2023).
- Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Very low liabilities (e.g., $2,000 in 2023), demonstrating strong financial health and minimal debt.
- Significant revenue growth in recent years, from $279,455 in 2020 to $737,733 in 2023.
- Consistent IRS 990 filing history (12 filings), indicating strong transparency.
Frequently Asked Questions about Veterans Of Foreign Wars Of The United States
Is Veterans Of Foreign Wars Of The United States a legitimate charity?
Veterans Of Foreign Wars Of The United States (EIN: 20213632) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $547K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Veterans Of Foreign Wars Of The United States spend its money?
Veterans Of Foreign Wars Of The United States directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Veterans Of Foreign Wars Of The United States tax-deductible?
Veterans Of Foreign Wars Of The United States is registered as a tax-exempt nonprofit (EIN: 20213632). 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 Of The United States's spending goes to programs?
Veterans Of Foreign Wars Of The United States directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Veterans Of Foreign Wars Of The United States located?
Veterans Of Foreign Wars Of The United States is headquartered in Concord, New Hampshire and files with the IRS under EIN 20213632.
How many years of IRS 990 filings does Veterans Of Foreign Wars Of The United States have?
Veterans Of Foreign Wars Of The United States 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 $547K in total revenue.
Is Veterans Of Foreign Wars Of The United States a good charity?
Based on the provided data, the VFW appears to be a good charity. It demonstrates financial stability with revenues generally exceeding expenses, very low liabilities, and a notable absence of officer compensation, suggesting a high proportion of funds go towards its mission.
How has the VFW's revenue trended over time?
The VFW's revenue has shown significant growth in recent years, increasing from $279,455 in 2020 to $737,733 in 2023, indicating growing support and operational capacity after a period of lower revenue.
What is the organization's financial health regarding assets and liabilities?
The organization maintains a healthy financial position with assets consistently higher than liabilities. In 2023, assets were $556,034 against very low liabilities of $2,000, indicating strong solvency and minimal debt.
Filing History
IRS 990 filing history for Veterans Of Foreign Wars Of The United States showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Veterans Of Foreign Wars Of The United States's revenue has grown by 107.7%, moving from $355K to $738K. Total assets decreased by 24% over the same period, from $732K to $556K. Total functional expenses rose by 104.6%, from $356K to $728K. In its most recent filing year (2023), Veterans Of Foreign Wars Of The United States reported a surplus of $10K, with revenue exceeding expenses. The organization holds $2K in liabilities against $556K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $554K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $738K | $728K | $556K | $2K | — | View 990 |
| 2022 | $757K | $708K | $519K | $647 | — | View 990 |
| 2021 | $664K | $674K | $581K | $637 | — | View 990 |
| 2020 | $279K | $326K | $484K | $1K | — | View 990 |
| 2019 | $322K | $337K | $530K | $1K | — | View 990 |
| 2018 | $365K | $374K | $545K | $7K | — | View 990 |
| 2017 | $337K | $371K | $554K | $7K | — | View 990 |
| 2016 | $308K | $354K | $589K | $7K | — | — |
| 2015 | $354K | $420K | $635K | $8K | — | — |
| 2014 | $314K | $337K | $701K | $8K | — | — |
| 2013 | $475K | $305K | $723K | $9K | — | View 990 |
| 2012 | $355K | $356K | $732K | $187K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $738K, expenses of $728K, and assets of $556K (revenue -2.5% year-over-year).
- 2022: Revenue of $757K, expenses of $708K, and assets of $519K (revenue +13.9% year-over-year).
- 2021: Revenue of $664K, expenses of $674K, and assets of $581K (revenue +137.7% year-over-year).
- 2020: Revenue of $279K, expenses of $326K, and assets of $484K (revenue -13.1% year-over-year).
- 2019: Revenue of $322K, expenses of $337K, and assets of $530K (revenue -11.8% year-over-year).
- 2018: Revenue of $365K, expenses of $374K, and assets of $545K (revenue +8.2% year-over-year).
- 2017: Revenue of $337K, expenses of $371K, and assets of $554K (revenue +9.2% year-over-year).
- 2016: Revenue of $308K, expenses of $354K, and assets of $589K (revenue -12.9% year-over-year).
- 2015: Revenue of $354K, expenses of $420K, and assets of $635K (revenue +12.8% year-over-year).
- 2014: Revenue of $314K, expenses of $337K, and assets of $701K (revenue -33.9% year-over-year).
- 2013: Revenue of $475K, expenses of $305K, and assets of $723K (revenue +33.8% year-over-year).
- 2012: Revenue of $355K, expenses of $356K, and assets of $732K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Of Foreign Wars Of The United States:
Data Sources and Methodology
This transparency report for Veterans Of Foreign Wars Of The United States 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.