Military Heritage Foundation

Analysis

Military Heritage Foundation is a registered charity in United States, based in Carlisle, PA. It received its IRS tax-exemption ruling in June 1999, 27 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, Military Heritage Foundation reported income of $895k and spending of $989k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $955k to $895k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Military Heritage Foundation sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Spokane American Youth Hockey Club Inc ($895k), Friends of the Japanese House and Garden ($895k) and A E Bean Backus Gallery & Museum Inc ($895k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $83k (8.4% of expenses). Other salaries and wages came to $281k. At year end it held assets of $2.3m against liabilities of $57k, net assets of $2.2m. It reported 12 employees.