Sons of Confederate Veterans Inc

Analysis

Sons of Confederate Veterans Inc is a registered charity in United States, based in Hopewell, VA. It received its IRS tax-exemption ruling in August 2007, 19 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 July 2024, Sons of Confederate Veterans Inc reported income of $121k and spending of $123k, spending 101% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $66k to $121k (+85%), an average of +36% a year. The sharpest change came in the year to July 2024, when income rose by 64%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sons of Confederate Veterans Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Catskill Mountain Shakespeare Ltd ($121k), United Way of Chaves County Foundation Inc ($121k) and Little League Baseball Inc ($121k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 38% of the total. At year end it held assets of $365k against liabilities of $0, net assets of $365k.