American Legion

Analysis

American Legion is a registered charity in United States, based in Slingerlands, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, American Legion reported income of $316k and spending of $402k, spending 127% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $306k to $316k (+3.1%), an average of +0.8% a year. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Legion sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Prairie Christian School ($316k), Sarasota-Manatee Association for Riding Therapy Inc ($316k) and Londonderry Volunteer Rescue Squad ($316k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 31% and program service revenue 67% of the total. Other salaries and wages came to $87k. At year end it held assets of $1.1m against liabilities of $3.4m, net assets of -$2.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.