The Defense Forum Foundation Inc

Analysis

The Defense Forum Foundation Inc is a registered charity in United States, based in Deltaville, VA. It received its IRS tax-exemption ruling in August 1982, 44 years ago. 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, The Defense Forum Foundation Inc reported income of $889k and spending of $715k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $894k to $889k (-0.6%), an average of -0.2% a year. The sharpest change came in the year to December 2023, when income rose by 74%. 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, The Defense Forum Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Bradley Henry Barnes & Leila Barnes Memorial TR ($889k), Sekai Mahikari Bunmei Kyodan U S a ($889k) and Copyright Society of the USA ($889k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $200k (28% of expenses). Other salaries and wages came to $4,000. At year end it held assets of $277k against liabilities of -$4,568, net assets of $282k. It reported 2 employees.