Veterans Of Foreign Wars Of The United States Dept Of Florida

Organization Overview

Veterans Of Foreign Wars Of The United States Dept Of Florida, operating under the name Veterans Of Foreign Wars Post 8118, is located in Venice, FL. The organization was established in 2016. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Veterans Of Foreign Wars Post 8118 employed 14 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Veterans Of Foreign Wars Post 8118 is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.

For the year ending 06/2022, Veterans Of Foreign Wars Post 8118 generated $204.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $239.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SOCIAL ACTIVITIES & WELFARE TO VETERANS & THEIR FAMILIES. WE ALSO PROVIDE EDUCATIONAL & CHARITABLE ASSISTANCE TO THE COMMUNITY, INCLUDING PROGRAMS & SCHOLARSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SOCIAL ACTIVITES & WELFARE TO VETERANS & THEIR FAMILIES. WE ALSO PROVIDEEDUCATIONAL & CHARITABLE ASSISTANCE TO THE COMMUNITY, INCLUDING PROGRAMS & SCHOLARSHIPS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$5,321
Fundraising events$629
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$105,072
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$111,022
Total Program Service Revenue$0
Investment income $52
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $92,939
Miscellaneous Revenue$0
Total Revenue $204,013

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