Salute the Troops

Analysis

Salute the Troops is a registered charity in United States, based in Fond du Lac, WI. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, Salute the Troops reported income of $104k and spending of $91k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $104k to $104k (-0.4%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Salute the Troops sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within WI. Charities of a similar size with the same main cause include Local 1500 Charity Fund Ltd ($104k), Lake Arrowhead Rotary Foundation ($104k) and CFS - Tee Off for the Kids ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $39k against liabilities of $1,110, net assets of $37k.