Color Guard of American Legion Post 707

Analysis

Color Guard of American Legion Post 707 is a registered charity in United States, based in Englewood, OH. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Color Guard of American Legion Post 707 reported income of $60k and spending of $57k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $60k (+8.6%), an average of +8.6% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Color Guard of American Legion Post 707 sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include American Suzuki Foundation of Stevens Point Wi Inc ($60k), Keizer Youth Baskeball ($60k) and Warren Community Foundation Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.