Military Bowl Foundation Inc

Analysis

Military Bowl Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, Military Bowl Foundation Inc reported income of $6.6m and spending of $5.1m, leaving 22% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $4.9m to $6.6m (+34%), an average of +10% a year. The sharpest change came in the year to March 2023, when income rose by 168%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Military Bowl Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 83rd percentile within DC. Charities of a similar size with the same main cause include Manhattan Charter School ($6.6m), Generation Hope ($6.6m) and Ucsf Foundation Investment Company ($6.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 36% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $646k (13% of expenses). Other salaries and wages came to $367k. At year end it held assets of $7.0m against liabilities of $209k, net assets of $6.8m. It reported 10 employees.