General Society of Colonial Wars

Analysis

General Society of Colonial Wars is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1968, 58 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, General Society of Colonial Wars reported income of $464k and spending of $777k, spending 168% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $412k to $464k (+13%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, General Society of Colonial Wars sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 42nd percentile within DC. Charities of a similar size with the same main cause include Wave Pool Corp ($464k), Ajkun Ballet Theatre Inc ($464k) and Aesthetic Realism Foundation Inc ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. Other salaries and wages came to $80k. At year end it held assets of $11.8m against liabilities of $4,353, net assets of $11.8m. It reported 1 employees.