Armed Forces Service Center

Analysis

Armed Forces Service Center is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in January 1971, 55 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2024, Armed Forces Service Center reported income of $213k and spending of $270k, spending 127% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $304k to $213k (-30%), an average of -6.8% a year. The sharpest change came in the year to June 2020, when income dropped by 33%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Armed Forces Service Center sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Market Street Music Conservatory ($213k), Virginia Gay Hospital Health Care Foundation ($213k) and Bismarck Fire Protection Assn Inc ($213k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $47k (17% of expenses). Other salaries and wages came to $52k. At year end it held assets of $912k against liabilities of $4,915, net assets of $907k. It reported 4 employees.