Fallen & Wounded Soldiers Fund Inc

Analysis

Fallen & Wounded Soldiers Fund Inc is a registered charity in United States, based in Bloomfld HLS, MI. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Fallen & Wounded Soldiers Fund Inc reported income of $1.2m and spending of $885k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $838k to $1.2m (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fallen & Wounded Soldiers Fund Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Philadelphia Youth Sports Collaborative ($1.2m), United Way of Southwestern Oregon Inc ($1.2m) and Coffeyville Area Community Foundation Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 2.3% of the total. At year end it held assets of $2.3m against liabilities of $2,886, net assets of $2.3m.