Charities

Based on its 2020 tax return, Disabled American Veterans Charitable Service Trust has net assets equal to 5.19 times its $7.6 million annual budget. 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… Read More

Based on its 2019 tax return, we calculate that Disabled Veterans National Foundation spent 93 percent of its $27.5 million budget on overhead. This is higher than our recommended 25 percent overhead spending. Additionally, Disabled Veterans National Foundation used joint cost accounting for 15.7 percent of its budget. While legal,… Read More

Based on its 2020 tax return, we calculate the Fisher House Foundation spent 94.9 percent of its $64.6 million budget on programs and 5.1 percent on overhead. This meets our recommendation that a charity spend 75 percent of its budget on programs. We did not detect any issues with the… Read More

Based on its 2020 tax return, we calculate Folds of Honor Foundation spent 91.6 percent of its $28.7 million budget on programs and 8.4 percent on overhead. This meets our recommendation that a charity spend 75 percent of its budget on programs. We did not detect any issues with the… Read More