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Virginia · Nonprofit

We the Veterans Foundation

We the Veterans Foundation (Virginia) receives grants from 13 organizations whose IRS filings report $2,830,184 to it, the largest being NEW VENTURE FUND ($700,000). 5 of them have funded it in more than one year.

$3.8M
Revenue FY2024
13
Funders on record
$2.8M
Grants received
$1.7M
Net assets
5/13 repeat funderspeak grant-dependency 45%

Against its field

We the Veterans Foundation runs a healthier operating margin than three-quarters of the 11,253 human services nonprofits its size.

Operating margin31% · top quartile
Months of reserve7.4mo · top quartile
Revenue growth (annualized)132% · top quartile

this organization peer median middle 50% of peers· 11,253 human services nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($712k) Expenses 100 ($484k) Net assets 100 ($226k)2023 Revenue 149 ($1.1M) Expenses 153 ($739k) Net assets 243 ($548k)2024 Revenue 539 ($3.8M) Expenses 550 ($2.7M) Net assets 764 ($1.7M)
202220232024
Revenue (539)Expenses (550)Net assets (764)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 0% · 2023 19% · 2024 5%. Grants only. Government contracts and fees sit inside program revenue.

100% of We the Veterans Foundation’s revenue is contributions — more reliant on donations than three-quarters of its peers (81% for the typical peer).

This organization
Typical peer · 11,740 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.

$228k
22
$322k
23
$1.2M
24
7.4
months of
reserve
02Who funds it

Who funds it, year by year

2022 → 2023: the base held at 4 funders, grant income rose $230k → $483k.

5 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF)32% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of We the Veterans Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

We the Veterans Foundation has a broad base — no single funder exceeds 25% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

48% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund We the Veterans Foundation.

25%
largest funder
61%
top three
~6
effective funders

Largest funder’s share by year: 2022 43% · 2023 52%growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

We the Veterans Foundation draws 100% of its grant income from funders outside Virginia, across 5 states in all.

NY
CT
CA
DC
TX

In-state vs out-of-state, by year

22
23
Virginia out of state home

Funder states come from each funder’s own filing. $909k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 13 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like We the Veterans Foundation

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 6%Fundraising 4%

Governance

9
board members
67%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for We the Veterans Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds We the Veterans Foundation?
We the Veterans Foundation (Virginia) receives grants from 13 organizations whose IRS filings report $2,830,184 to it, the largest being NEW VENTURE FUND ($700,000). 5 of them have funded it in more than one year.
How many funders does We the Veterans Foundation have?
IRS filings report 13 organizations giving $2,830,184 in grants to We the Veterans Foundation, 5 of which have funded it in more than one year.
Who is the largest funder of We the Veterans Foundation?
NEW VENTURE FUND is the largest funder on record, with $700,000 in grants. The full list of funders is on this page.
How can an organization like We the Veterans Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 13funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing