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Mt Carmel Veterans Service Center

EIN 81-1652178 · Colorado Spgs, CO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood78 out of 100GovernanceGood84 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

MT. CARMEL COLLABORATES WITH COMMUNITY PARTNERS IN PROVIDING BEST PRACTICES IN TRANSITION & WELLNESS SERVICES FOR VETERANS, MILITARY & THEIR FAMILIES BY DELIVERING EXPERTISE, RESOURCES, SPACE & SUSTAINABILITY. THIS IS ACCOMPLISHED BY PROVIDING A ONE-STOP SHOP FOR A VARIETY OF SERVICES SUCH AS BEHAVIORAL HEALTH COUNSELING, EMPLOYMENT & TRANSITION SUPPORT, JOB PLACEMENT & INTERNSHIPS, BENEFITS SUPPORT, HOUSING ASSISTANCE, FINANCIAL COACHING, & LEGAL & EDUCATION ASSISTANCE.

Income
$4.2 million
Spending
$4.2 million
Spent on programs
84%
Reserves
3.5 months of spending
Largest source of income
donations and private grants, 62%
Employees
60
Volunteers
0

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 78 out of 100. Higher than 52% of charities in its peer group (employment, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.5 months of spending.

  • Debt

    16 of 20

    It owes 24% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 0% of income.

  • Income trend

    15 of 15

    Income rose 2% on the year before.

  • Spending floor

    15 of 15

    84% of spending went to programs and raising each dollar of donations cost 12 cents.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 84 out of 100. Higher than 33% of charities in its peer group (employment, $1m to $10m).

  • Independent board

    25 of 25

    5 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (6)
  1. $512,678 spent. VETERANS CAREER & EMPLOYMENT - PROVIDES SERVICES TO TRANSITIONING MILITARY MEMBERS THROUGH AN INTENSIVE FOCUS ON EMPLOYMENT VIA TRAINING, EDUCATION RESOURCES, COMMUNITY GROUPS, WORKSHOPS, SEMINARS, AND NETWORKING OPPORTUNITIES THAT HAVE BEEN PROVEN IN FINDING GAINFUL EMPLOYMENT.
  2. $1.0 million spent. VETERANS & FAMILY RESOURCE CENTER - MT. CARMEL PROVIDES A VAST ARRAY OF RESOURCES AND ASSISTANCE IN AREAS SUCH AS HOUSING, FINANCIAL COACHING, VA MORTGAGE EDUCATION, AND FINANCING AND LEGAL ASSISTANCE.
  3. $910,942 spent. WELLNESS & TRANSITION - THROUGH PARTNERSHIPS WITH LOCAL UNIVERSITIES, MT CARMEL OFFERS A RANGE OF COUNSELING SERVICES FOR INDIVIDUAL COUPLES, FAMILIES AND CHILDREN. LIFE COACHING PROVIDES SUPPORT TO INDIVIDUALS WHO DESIRE SIGNIFICANT CHANGE IN THEIR LIVES. YOGA FOR VETERANS OFFERS CLIENTS A WAY FOR ACHIEVING HEALTH WELLNESS AND BALANCE. THE RETURNING MILITARY HEROES PROGRAM PROVIDES COUPLES A THREE-DAY RETREAT TO RELAX FROM THE STRESS OF MILITARY OF LIFE, WHERE THEY CAN ENJOY EACH OTHER'S COMPANY WITHOUT DISTRACTIONS.
  4. $375,616 spent. VETERANS BUSINESS OUTREACH CENTER - IN PARTNERSHIP WITH THE U.S. SMALL BUSINESS ADMINISTRATION (SBA), MT. CARMEL VETERANS SERVICE CENTER OPENED COLORADO'S FIRST VETERANS BUSINESS OUTREACH CENTER ON MAY 1, 2023. HEADQUARTERED AT MT. CARMEL, THE COLORADO VETERANS BUSINESS OUTREACH CENTER ALSO HAS A SATELLITE OFFICE AT CATALYST CAMPUS FOR TECHNOLOGY AND INNOVATION IN COLORADO SPRINGS. THE VBOC PROVIDES COUNSELING, TRAINING, TECHNICAL SKILL DEVELOPMENT, COMPREHENSIVE BUSINESS ASSESSMENTS, AND MENTORING SERVICES TO ASPIRING AND EXISTING BUSINESS OWNERS WHO ARE ACTIVE DUTY, VETERANS, MEMBERS OF THE NATIONAL GUARD OR RESERVE, MILITARY SPOUSES, AND FAMILY MEMBERS. ACCORDING TO THE SBA COLORADO HAS OVER 48,000 VETERAN-OWNED SMALL BUSINESSES THAT PROVIDE $23 BILLION TO THE STATE ECONOMY AND EMPLOY OVER 96,000 PEOPLE.IN ACCORDANCE WITH THE MISSION OF THE OFFICE OF VETERAN BUSINESS DEVELOPMENT, THE COLORADO VBOC PROVIDES PROGRAMS AND SERVICES AS PART OF THE COLORADO SMALL BUSINESS ECOSYSTEM. WE ARE HERE TO HELP START, GROW, AND EXPAND SMALL BUSINESSES.
  5. $448,039 spent. GREET & CONNECT
  6. $260,123 spent. PARTNER SPACE

Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending March 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 2016.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.