Wounded Veterans Relief Fund
EIN: 262886846 · Lake Park, FL · NTEE: P60
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.4M |
| Net Assets | $1.6M |
Is Wounded Veterans Relief Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wounded Veterans Relief Fund
Wounded Veterans Relief Fund (EIN: 262886846) is a nonprofit organization based in Lake Park, FL, classified under NTEE code P60. The organization reported total revenue of $3.0M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wounded Veterans Relief Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wounded Veterans Relief Fund is a mid-size nonprofit that has been operating for 17 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 28.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-371,197 |
| Total Assets | $1.7M |
| Total Liabilities | $118K |
| Net Assets | $1.6M |
| Operating Margin | -18.3% |
| Debt-to-Asset Ratio | 6.9% |
| Months of Reserves | 8.6 months |
Financial Health Grade: B
In 2023, Wounded Veterans Relief Fund reported a deficit of $371K with expenses exceeding revenue, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 6.9% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2023), Wounded Veterans Relief Fund's revenue has grown at a compound annual growth rate (CAGR) of 28.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.5% | +31.5% | -8.6% |
| 2022 | +30.7% | +70.5% | +181.0% |
| 2020 | +24.9% | +3.5% | +139.1% |
| 2019 | +40.0% | +8.4% | +62.3% |
| 2018 | -16.7% | -6.8% | -44.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wounded Veterans Relief Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wounded Veterans Relief Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $371K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.9%.
Frequently Asked Questions about Wounded Veterans Relief Fund
Is Wounded Veterans Relief Fund a legitimate charity?
Wounded Veterans Relief Fund (EIN: 262886846) is a registered tax-exempt nonprofit based in Florida. It has 11 years of IRS 990 filings on record. Total revenue: $3.0M. No red flags identified. Financial health grade: B.
How does Wounded Veterans Relief Fund spend its money?
Wounded Veterans Relief Fund reported $3.0M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wounded Veterans Relief Fund tax-deductible?
Wounded Veterans Relief Fund is registered as a tax-exempt nonprofit (EIN: 262886846). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wounded Veterans Relief Fund located?
Wounded Veterans Relief Fund is headquartered in Lake Park, Florida and files with the IRS under EIN 262886846. It is classified under NTEE code P60.
How many years of IRS 990 filings does Wounded Veterans Relief Fund have?
Wounded Veterans Relief Fund 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 $3.0M in total revenue.
Filing History
IRS 990 filing history for Wounded Veterans Relief Fund showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Wounded Veterans Relief Fund's revenue has grown by 1442.4%, moving from $131K to $2.0M. Total assets increased by 5919.7% over the same period, from $28K to $1.7M. Total functional expenses rose by 2228.5%, from $103K to $2.4M. In its most recent filing year (2023), Wounded Veterans Relief Fund reported a deficit of $371K, with expenses exceeding revenue. The organization holds $118K in liabilities against $1.7M in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.4M | $1.7M | $118K | — | — |
| 2022 | $1.9M | $1.8M | $1.9M | $99K | — | — |
| 2020 | $1.4M | $1.1M | $666K | $35K | — | — |
| 2019 | $1.1M | $1.0M | $278K | $7K | — | View 990 |
| 2018 | $817K | $953K | $172K | $12K | — | View 990 |
| 2017 | $981K | $1.0M | $311K | $17K | — | — |
| 2016 | $957K | $954K | $352K | $17K | — | View 990 |
| 2015 | $808K | $706K | $503K | $171K | — | View 990 |
| 2014 | $697K | $554K | $183K | $7K | — | View 990 |
| 2013 | $288K | $283K | $33K | $297 | — | View 990 |
| 2012 | $131K | $103K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.4M, and assets of $1.7M (revenue +8.5% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.8M, and assets of $1.9M (revenue +30.7% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.1M, and assets of $666K (revenue +24.9% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $278K (revenue +40.0% year-over-year).
- 2018: Revenue of $817K, expenses of $953K, and assets of $172K (revenue -16.7% year-over-year).
- 2017: Revenue of $981K, expenses of $1.0M, and assets of $311K (revenue +2.5% year-over-year).
- 2016: Revenue of $957K, expenses of $954K, and assets of $352K (revenue +18.4% year-over-year).
- 2015: Revenue of $808K, expenses of $706K, and assets of $503K (revenue +15.9% year-over-year).
- 2014: Revenue of $697K, expenses of $554K, and assets of $183K (revenue +142.3% year-over-year).
- 2013: Revenue of $288K, expenses of $283K, and assets of $33K (revenue +119.0% year-over-year).
- 2012: Revenue of $131K, expenses of $103K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wounded Veterans Relief Fund:
Data Sources and Methodology
This transparency report for Wounded Veterans Relief Fund 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.