Veterans of Foreign Wars
Year Founded:
1976
Address:
406 W 34th Street
Kansas City, MO 64111
EIN:
44-0474290
Top Leadership Pay:
Chief Accounting Officer James Lierz, $190,264
Employees:
220
Revenue:
$88,856,752
Expenses:
$94,106,094
Description
Based on its 2023 tax return, we calculate that Veterans of Foreign Wars spent 38.5 percent of its $95.7 million budget on overhead. This is higher than our recommended 25 percent maximum overhead spending.
Additionally, Veterans of Foreign Wars used joint cost accounting for 40.5 percent of its budget. While legal, this accounting method can disguise overhead costs as program spending. We recommend that no more than 5 percent of a budget be allocated to joint cost accounting.
Furthermore, Veterans of Foreign Wars filed two statements of activity outside the United States. They spent a total of $141,310 on program service grants.
We do not recommend giving to Veterans of Foreign Wars. See our lists of Highly Recommended Charities and Recommended Charities for alternatives.
Mission Statement
To foster camaraderie among United States veterans of overseas conflicts. To serve our veterans, the military and our communities. To advocate on behalf of all veterans.