Revolutionary War Veterans Association
Analysis
Revolutionary War Veterans Association is a registered charity in United States, based in Ramseur, NC. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Revolutionary War Veterans Association reported income of $600k and spending of $455k, leaving 24% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $372k to $600k (+61%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 191%. Over the whole period it spent 85% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Revolutionary War Veterans Association sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include German-American Elementary School ($600k), Western Association of Educational Opportunity Personnel ($601k) and West Salem High School Education Foundation ($600k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.0% and program service revenue 64% of the total. At year end it held assets of $919k against liabilities of $0, net assets of $919k.
Income and spending
Where the income comes from
- Contributions & grants 2.0%
- Program services 64%
- Other 34%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| German-American Elementary School | Houston | $600k |
| Western Association of Educational Opportunity Personnel | Yuma | $601k |
| West Salem High School Education Foundation | Salem | $600k |
| Bouncing Bulldogs Inc | Chapel Hill | $601k |