Charities

Based on its 2022 tax return, we calculate that Navy Marine Coast Guard Residence Foundation spent 90.1 percent of its $35.5 million budget on programs and 9.9 percent on overhead. This meets our recommendation that a highly recommended charity spend at least 90 percent of its budget on programs. Navy… Read More

Based on its 2022 tax return, the net assets of the Navy SEAL Foundation equal 4.34 times its annual budget of $26.9 million. This may be an indication that the group is spending too little of its donations on programs. We recommend net assets exceed no more than 3 years… Read More

Based on its 2022 tax return, we calculate that NEADS World Class Service Dogs spent 79.5 percent of its $2.1 million budget on programs and 20.5 percent on overhead. This meets our recommendation that a charity spend at least 75 percent of its budget on programs. We did not detect… Read More

Based on its 2021 tax return, we calculate that New Directions for Veterans spent 80.8 percent of its $6.9 million budget on programs and 19.2 percent on overhead. This meets our recommendation that a charity spend at least 75 percent of its budget on programs. We did not detect any… Read More