United States Foundation for the Commemoration of the World Wars

Analysis

United States Foundation for the Commemoration of the World Wars is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2013, 13 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, United States Foundation for the Commemoration of the World Wars reported income of $4.3m and spending of $4.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $21.4m to $4.3m (-80%), an average of -33% a year. The sharpest change came in the year to December 2021, when income dropped by 73%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, United States Foundation for the Commemoration of the World Wars sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 78th percentile within DC. Charities of a similar size with the same main cause include Brucemore Inc ($4.3m), Markup News Inc ($4.3m) and Foundation for Art and Preservation in Embassies ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 77% of the total. Other salaries and wages came to $41k. It paid $430k in professional fundraising fees. At year end it held assets of $13.4m against liabilities of $3.9m, net assets of $9.5m. It reported 3 employees.