National Mounted Warfare Foundation

Analysis

National Mounted Warfare Foundation is a registered charity in United States, based in Copperas Cove, TX. 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, National Mounted Warfare Foundation reported income of $676k and spending of $476k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $907k to $676k (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2020, when income rose by 659%. Over the whole period it spent 22% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Mounted Warfare Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Eureka Springs School of the Arts Inc ($676k), Laura Ingalls Wilder Home Association ($676k) and Mississippi National Heritage Area Partnership Inc ($675k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 6.0% of the total. Other salaries and wages came to $152k. At year end it held assets of $14.8m against liabilities of $3.2m, net assets of $11.6m.