Children of Fallen Patriots Foundation

Analysis

Children of Fallen Patriots Foundation is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Children of Fallen Patriots Foundation reported income of $12.4m and spending of $14.3m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.3m to $12.4m (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Children of Fallen Patriots Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Davidson Day School ($12.4m), A Gift for Teaching Inc ($12.4m) and Institute for the Psychological Sciences ($12.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $353k (2.5% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $16.3m against liabilities of $149k, net assets of $16.1m. It reported 35 employees.