Army War College Foundation Incorporated

Analysis

Army War College Foundation Incorporated is a registered charity in United States, based in Carlisle, PA. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Army War College Foundation Incorporated reported income of $3.8m and spending of $2.3m, leaving 38% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $3.6m to $3.8m (+3.5%), an average of +0.9% a year. The sharpest change came in the year to July 2023, when income rose by 31%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Army War College Foundation Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include North Carolina Independent Colleges & Universities ($3.8m), Utah Arts Academy ($3.8m) and Basca Inc ($3.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $105k (4.5% of expenses). Other salaries and wages came to $370k. At year end it held assets of $20.7m against liabilities of $169k, net assets of $20.5m. It reported 13 employees.