Veterans Multi-service Center Inc
Only null% goes to programs Growing revenue
Veterans Multi-service Center Inc is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1995, with $19,980,031 in FY2024 revenue. CharityIndex grades it B.
213 N 4th St, Philadelphia, PA, 19106 EIN 23-2764079 Since 1995
Revenue (FY2024)
$20.0M
▲ 5.2% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$19.9M
Net assets
$4.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Veterans Multi-service Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating3 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Veterans Multi-service Center Inc: 3 mo reserves · +1% margin earns a B on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Veterans Multi-service Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Veterans Multi-service Center Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 213 N 4th St, Philadelphia, PA, 19106
- City
- Philadelphia
- State
- Pennsylvania
- Category
- Public & Societal Benefit
- Subcategory
- Military & Veterans Organizations
- Website
- …
Financial trends
Revenue grew from $9.6M (FY2014) to $20.0M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.7MNet assets $4.6M
Operating margin
0.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.3M
Total liabilities
$3.7M
Net assets
$4.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $19,980,031▲5.2% | $19,871,961▲8.0% | $4,596,817▲2.4% | $8,262,556▲17.0% | 990 |
| 2023 | $18,997,336▲4.1% | $18,394,587▲3.1% | $4,488,747▲15.5% | $7,064,395▲9.2% | 990 |
| 2022 | $18,243,407▲22.2% | $17,841,432▲20.4% | $3,885,998▲11.5% | $6,467,327▲29.6% | 990 |
| 2021 | $14,923,218▼19.0% | $14,819,674▼16.1% | $3,484,023▲3.1% | $4,990,474▼4.4% | 990 |
| 2020 | $18,429,579▲46.9% | $17,659,592▲38.6% | $3,380,479▲29.5% | $5,221,188▲5.5% | 990 |
| 2019 | $12,544,657▲17.8% | $12,738,858▲18.8% | $2,610,491▼6.9% | $4,949,163▲23.6% | 990 |
| 2018 | $10,645,848▲3.8% | $10,725,761▲4.7% | $2,804,691▼2.8% | $4,004,981▲12.0% | 990 |
| 2017 | $10,253,488▼1.8% | $10,244,582▼2.7% | $2,884,604▲28.4% | $3,577,200▲11.3% | 990 |
| 2015 | $10,437,914▲9.1% | $10,523,719▲12.8% | $2,247,013▼3.7% | $3,213,556▼2.5% | 990 |
| 2014 | $9,568,911 | $9,330,533▲105% | $2,332,818▲44.4% | $3,294,875▲29.9% | 990 |
| 2012 | — | $4,554,490▼2.3% | $1,615,685▲32.4% | $2,537,237▲25.4% | 990 |
| 2011 | — | $4,662,371▲4.1% | $1,220,188▲3.3% | $2,023,372▼2.9% | 990 |
| 2010 | — | $4,478,180 | $1,181,548 | $2,084,440 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $1.3M total
40 grants to Veterans Multi-service Center Inc totaling $1.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Albertsons Companies Foundation | Hunger | 2024 | $50,000 |
| The Albertsons Companies Foundation | Hunger | 2024 | $24,000 |
| The Albertsons Companies Foundation | Hunger | 2023 | $30,000 |
| The Albertsons Companies Foundation | Veterans | 2023 | $15,000 |
| American Online Giving Foundation Inc | General support | 2023 | $6,768 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $6,075 |
| United Way of Greater Philadelphia and Southern New Jersey | Grant | 2022 | $32,500 |
| The Albertsons Companies Foundation | Veterans | 2022 | $30,000 |
| The Blackbaud Giving Fund | General support | 2022 | $26,501 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $11,575 |
| American Online Giving Foundation Inc | General support | 2022 | $6,754 |
| United Way of Greater Philadelphia and Southern New Jersey | — | 2021 | $32,500 |
| American Online Giving Foundation Inc | General support | 2021 | $12,608 |
| Jewish Federation of Greater Philadelphia | General and/or program support - donor advised funds | 2021 | $10,000 |
| The Albertsons Companies Foundation | Veterans | 2021 | $7,500 |
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Frequently asked questions
- Is Veterans Multi-service Center Inc a legitimate nonprofit?
- Yes. Veterans Multi-service Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-2764079, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Veterans Multi-service Center Inc's EIN?
- Veterans Multi-service Center Inc's Employer Identification Number (EIN) is 23-2764079.
- How much revenue does Veterans Multi-service Center Inc report?
- Veterans Multi-service Center Inc reported $19,980,031 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Veterans Multi-service Center Inc have?
- CharityIndex grades Veterans Multi-service Center Inc B, based on financial health (reserves and operating margin).
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Data for Veterans Multi-service Center Inc (EIN 23-2764079) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.