Sons of Union Veterans of the Civil War

Analysis

Sons of Union Veterans of the Civil War is a registered charity in United States, based in P C Beach, FL. It received its IRS tax-exemption ruling in January 2017, 9 years ago. 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 2023, Sons of Union Veterans of the Civil War reported income of $314k and spending of $253k, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $220k to $314k (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sons of Union Veterans of the Civil War 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 65th percentile within FL. Charities of a similar size with the same main cause include Center for Humane Options in the Childbirth Experience ($314k), Sparks Piranhas Swim Team Inc ($314k) and Womens Care Center Madison Inc ($314k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 0.5% of the total. At year end it held assets of $1.3m against liabilities of $183k, net assets of $1.2m.