Armed Forces Heritage House

Analysis

Armed Forces Heritage House is a registered charity in United States, based in Burlington, NJ. It received its IRS tax-exemption ruling in May 2011, 15 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, Armed Forces Heritage House reported income of $104k and spending of $91k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $63k to $104k (+66%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Armed Forces Heritage House sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include NRHS Fund Inc ($104k), Guernica Inc ($104k) and New Ulm Suzuki School of Music ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.