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NAICS 923140 Quarterly Industry Report

Administration of Veterans' Affairs

Comprehensive industry research for valuation professionals, business owners, buyers, and lenders

NAICS Code: 923140Sector: Public Administration (92)Updated: Q1 2026

About This Report

This industry profile for Administration of Veterans' Affairs (NAICS 923140) draws on data from the U.S. Department of Veterans Affairs[1], Census Bureau[2], and the SBA[4]. Fair Market Value analysts examine VA budget data, claims processing volumes, and program enrollment trends specific to NAICS 923140. Additional data is drawn from Bureau of Labor Statistics[5].. Quarterly updates reflect changes in veteran benefits legislation, claims backlog status, and state-level program developments.

Industry Definition & Overview

Administration of Veterans' Affairs (NAICS 923140) encompasses government establishments primarily engaged in administering programs of assistance, training, counseling, and other services to military veterans and their dependents, rights, and benefits. This classification covers the U.S. Department of Veterans Affairs and its sub-agencies, state veterans affairs offices, and county veteran service offices. Establishments that directly operate VA hospitals or medical centers are excluded and classified under healthcare NAICS codes. The U.S. Department of Veterans Affairs[1] is the second-largest federal department by budget, administering benefits for over 18 million living veterans. Core programs include disability compensation, pension payments, education benefits through the GI Bill, home loan guaranty, vocational rehabilitation, and burial and memorial affairs. The Veterans Benefits Administration processes millions of claims annually, while the National Cemetery Administration maintains over 150 national cemeteries. State veterans affairs departments supplement federal programs with state-specific benefits such as property tax exemptions, tuition waivers, and employment preference programs. County veteran service officers help veterans navigate the federal claims process. The Census Bureau's ASPEP survey[2] tracks veterans affairs employment across government levels. Industry Bureau of Labor Statistics[3] reports occupational data for claims examiners, counselors, and administrative staff who process benefits and manage veteran service programs at federal, state, and local offices.

What's Included in This Industry

  • U.S. Department of Veterans Affairs headquarters and regional offices
  • Veterans Benefits Administration offices
  • National Cemetery Administration offices
  • State departments of veterans affairs
  • County and municipal veteran service offices
  • GI Bill education benefit administration offices
  • VA home loan guaranty program offices
  • Vocational rehabilitation and employment program offices
  • Veterans' pension and disability compensation processing
  • Burial and memorial affairs administration offices

NAICS Classification Hierarchy

NAICS classification hierarchy for 923140
LevelDescriptionCode
SectorPublic Administration92
SubsectorAdministration of Human Resource Programs923
Industry GroupAdministration of Human Resource Programs9231
NAICS IndustryAdministration of Veterans' Affairs92314
National IndustryAdministration of Veterans' Affairs923140

Related NAICS Codes

Related NAICS codes and their relationships
CodeDescriptionRelationship
923130Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs)Human resource program offices administering civilian social service programs that parallel veterans' benefits in structure, eligibility processes, and fund distribution
923110Administration of Education ProgramsEducation program administration offices that coordinate with the VA on GI Bill payments, veteran student enrollment, and educational institution approvals
923120Administration of Public Health ProgramsPublic health program offices that collaborate with veterans affairs on mental health, substance abuse, and community health initiatives serving veteran populations
925110Administration of Housing ProgramsHousing program administration offices that work alongside the VA home loan program on affordable housing and homelessness prevention for veterans
921120Legislative BodiesLegislative bodies that authorize veterans' benefits, set funding levels, and pass legislation expanding or modifying veteran service programs
921110Executive OfficesExecutive offices that appoint the VA secretary, propose veterans affairs budgets, and issue executive orders on veteran employment and healthcare

Frequently Asked Questions

Common questions about this industry.

What types of offices are classified under NAICS 923140?
NAICS 923140 covers government offices administering veteran programs, including the U.S. Department of Veterans Affairs, state veterans affairs departments, and county veteran service offices. The Census Bureau[8] excludes VA hospitals and medical centers, which are classified under healthcare codes.
How is veterans affairs administration structured?
The federal VA operates through regional offices, the Veterans Benefits Administration, and the National Cemetery Administration. Each state has its own veterans affairs department offering supplemental benefits. County veteran service officers provide local assistance navigating federal and state programs.
Does the SBA set a size standard for NAICS 923140?
No. The SBA[9] does not assign size standards to Sector 92 codes because they cover government entities. Private firms serving the VA use their own NAICS codes, with veteran-owned businesses receiving additional SBA procurement preferences.
What NAICS codes are closely related to 923140?
Related codes include 923130 (Human Resource Programs), 923110 (Education Programs), 923120 (Public Health Programs), and 925110 (Housing Programs). The Census Bureau[10] groups veterans affairs under the human resource programs administration subsector.
What private-sector industries commonly serve veterans affairs offices?
IT vendors (NAICS 541512), management consultants (NAICS 541611), social service providers (NAICS 624190), and employment agencies (NAICS 561311) are frequent contractors. Healthcare staffing firms, construction companies building VA facilities, and claims processing outsourcers also serve this market.
What activities are included under NAICS 923140?
Activities include processing disability claims, administering GI Bill education benefits, managing home loan guaranty programs, operating national cemeteries, coordinating vocational rehabilitation, and distributing pension payments. The Department of Veterans Affairs[1] administers benefits for over 18 million living veterans.
Can veteran-owned businesses qualify for special SBA programs?
Yes. The SBA provides procurement preferences for veteran-owned and service-disabled veteran-owned small businesses. Programs include the 7(a) loan program[6] and 504 loan program[7], plus specialized set-aside contracting opportunities with federal agencies.
Where are veterans affairs administration offices concentrated?
VA headquarters is in Washington, D.C., with 56 regional offices across the country. Every state capital has a state veterans affairs office. County veteran service officers operate in most counties. National cemeteries number over 150 and are distributed across all regions of the United States.

Sources & References

Government datasets and editorial sources used in this report.

  1. [1]U.S. Department of Veterans Affairs va.gov
  2. [2]Census Bureau's ASPEP survey census.gov
  3. [3]Bureau of Labor Statistics bls.gov
  4. [4]SBA sba.gov
  5. [5]Bureau of Labor Statistics bls.gov
  6. [6]7(a) loan program sba.gov
  7. [7]504 loan program sba.gov
  8. [8]Census Bureau census.gov
  9. [9]SBA sba.gov
  10. [10]Census Bureau census.gov

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