Veterans Monument Foundation of Whitemarsh

Analysis

Veterans Monument Foundation of Whitemarsh is a registered charity in United States, based in Lafayette HL, PA. It received its IRS tax-exemption ruling in February 2014, 12 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, Veterans Monument Foundation of Whitemarsh reported income of $55k and spending of $8,193, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $55k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 16% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Veterans Monument Foundation of Whitemarsh sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Stowe Basketry Festival Inc ($55k), Brit Landowner ($55k) and North Carolina Supreme Court Historical Society ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.