1st Infantry Division Foundation

Analysis

1st Infantry Division Foundation is a registered charity in United States, based in Ambler, PA. It received its IRS tax-exemption ruling in May 1967, 59 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 2021, 1st Infantry Division Foundation reported income of $208k and spending of $145k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2018 to December 2021, income grew from $138k to $208k (+51%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 1st Infantry Division Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Friends of Corpus Christi Holy Rosary School TR ($208k), New England Educational Opportunity Association ($208k) and Irish Cultural & Folk Arts Association of Western New York in ($208k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 34% of the total. Compensation of current officers, directors and key employees was $20k (14% of expenses). At year end it held assets of $3.5m against liabilities of $220, net assets of $3.5m. It reported 1 employees.