Society of the Descendants of Washingtons Army at Valley Forge

Analysis

Society of the Descendants of Washingtons Army at Valley Forge is a registered charity in United States, based in East Amherst, NY. It received its IRS tax-exemption ruling in July 1979, 47 years ago. 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, Society of the Descendants of Washingtons Army at Valley Forge reported income of $85k and spending of $32k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $85k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of the Descendants of Washingtons Army at Valley Forge sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($85k), Pennsylvania Food Merchants Education ($85k) and Give Kids a Smile Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $258k against liabilities of $0, net assets of $258k.