Veterans Of Foreign Wars Of The United States Dept Of New York
VFW Dept of New York maintains stable assets and volunteer leadership amidst fluctuating revenues.
EIN: 131436995 · Albany, NY · NTEE: W30Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| Net Assets | $5.9M |
| Transparency Score | 90/100 |
Is Veterans Of Foreign Wars Of The United States Dept Of New York 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 Dept Of New York directs 85% 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 Dept Of New York
Veterans Of Foreign Wars Of The United States Dept Of New York (EIN: 131436995) is a nonprofit organization based in Albany, NY, classified under NTEE code W30Z. The organization reported total revenue of $2.4M and total assets of $6.9M 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 Dept Of New York'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 Dept Of New York is a mid-size nonprofit that has been operating for 54 years, with 11 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$103K |
| Total Assets | $5.9M |
| Total Liabilities | $49K |
| Net Assets | $5.9M |
| Operating Margin | 7.8% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 58.3 months |
Financial Health Grade: A
In 2024, Veterans Of Foreign Wars Of The United States Dept Of New York reported a surplus of $103K with revenue exceeding expenses, holds 58.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2024), Veterans Of Foreign Wars Of The United States Dept Of New York's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +35.2% | +2.1% | +4.9% |
| 2023 | -0.4% | +9.3% | -0.4% |
| 2022 | -13.4% | +19.4% | -8.2% |
| 2021 | +9.0% | -9.1% | +11.1% |
| 2020 | -41.8% | -12.5% | +1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
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 Dept Of New York with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Veterans Of Foreign Wars Of The United States Dept Of New York allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $103K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size and 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.
Strengths
The following positive indicators were identified for Veterans Of Foreign Wars Of The United States Dept Of New York:
- Consistent asset growth, reaching $6,881,319 in the latest period.
- Low liabilities relative to assets, indicating strong financial solvency.
- 0% officer compensation reported across all filings, demonstrating volunteer leadership and efficient use of funds.
- Stable expense management, generally tracking revenue over time.
- Long history of IRS 990 filings (11 filings), indicating transparency and compliance.
Frequently Asked Questions about Veterans Of Foreign Wars Of The United States Dept Of New York
Is Veterans Of Foreign Wars Of The United States Dept Of New York a legitimate charity?
Veterans Of Foreign Wars Of The United States Dept Of New York (EIN: 131436995) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 11 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Veterans Of Foreign Wars Of The United States Dept Of New York spend its money?
Veterans Of Foreign Wars Of The United States Dept Of New York directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Veterans Of Foreign Wars Of The United States Dept Of New York tax-deductible?
Veterans Of Foreign Wars Of The United States Dept Of New York is registered as a tax-exempt nonprofit (EIN: 131436995). 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 Dept Of New York's spending goes to programs?
Veterans Of Foreign Wars Of The United States Dept Of New York directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Veterans Of Foreign Wars Of The United States Dept Of New York compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Veterans Of Foreign Wars Of The United States Dept Of New York is above average for NTEE category W30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Veterans Of Foreign Wars Of The United States Dept Of New York located?
Veterans Of Foreign Wars Of The United States Dept Of New York is headquartered in Albany, New York and files with the IRS under EIN 131436995. It is classified under NTEE code W30Z.
How many years of IRS 990 filings does Veterans Of Foreign Wars Of The United States Dept Of New York have?
Veterans Of Foreign Wars Of The United States Dept Of New York has 11 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 $2.4M in total revenue.
Is Veterans Of Foreign Wars Of The United States Dept Of New York a good charity?
Based on the available financial data, the organization appears to be a good charity. It demonstrates strong financial solvency with growing assets ($6,881,319 latest) and low liabilities. The consistent reporting of 0% officer compensation is a significant positive indicator of efficient resource allocation and volunteer commitment to its mission.
How has the organization's revenue trended over the past few years?
Revenue has fluctuated, with a recent increase to $1,321,148 in 202406 from $976,911 in 202306. Historically, it has seen highs like $1,786,878 in 201906 and lows around $976,911 in 202306, indicating variability in its funding.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation, meaning its executive leadership is entirely volunteer-based. This is a strong positive for financial efficiency and mission focus.
Filing History
IRS 990 filing history for Veterans Of Foreign Wars Of The United States Dept Of New York showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), Veterans Of Foreign Wars Of The United States Dept Of New York's revenue has declined by 3.1%, moving from $1.4M to $1.3M. Total assets increased by 160.7% over the same period, from $2.3M to $5.9M. Total functional expenses fell by 13%, from $1.4M to $1.2M. In its most recent filing year (2024), Veterans Of Foreign Wars Of The United States Dept Of New York reported a surplus of $103K, with revenue exceeding expenses. The organization holds $49K in liabilities against $5.9M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $1.2M | $5.9M | $49K | — | View 990 |
| 2023 | $977K | $1.2M | $5.6M | $52K | — | View 990 |
| 2022 | $980K | $1.1M | $5.7M | $27K | — | View 990 |
| 2021 | $1.1M | $914K | $6.2M | $44K | — | View 990 |
| 2020 | $1.0M | $1.0M | $5.6M | $142K | — | View 990 |
| 2019 | $1.8M | $1.1M | $5.4M | $54K | — | View 990 |
| 2018 | $1.7M | $1.2M | $4.8M | $77K | — | View 990 |
| 2015 | $1.8M | $1.5M | $3.1M | $43K | — | View 990 |
| 2014 | $1.5M | $1.3M | $3.0M | $49K | — | View 990 |
| 2013 | $1.8M | $1.4M | $2.7M | $38K | — | View 990 |
| 2012 | $1.4M | $1.4M | $2.3M | $63K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.3M, expenses of $1.2M, and assets of $5.9M (revenue +35.2% year-over-year).
- 2023: Revenue of $977K, expenses of $1.2M, and assets of $5.6M (revenue -0.4% year-over-year).
- 2022: Revenue of $980K, expenses of $1.1M, and assets of $5.7M (revenue -13.4% year-over-year).
- 2021: Revenue of $1.1M, expenses of $914K, and assets of $6.2M (revenue +9.0% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.0M, and assets of $5.6M (revenue -41.8% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.1M, and assets of $5.4M (revenue +3.3% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.2M, and assets of $4.8M (revenue -1.2% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.5M, and assets of $3.1M (revenue +13.8% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.3M, and assets of $3.0M (revenue -13.0% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.4M, and assets of $2.7M (revenue +29.8% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Of Foreign Wars Of The United States Dept Of New York:
Data Sources and Methodology
This transparency report for Veterans Of Foreign Wars Of The United States Dept Of New York 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.