Washington Chapter of the American Society of Military Comptrollers

Analysis

Washington Chapter of the American Society of Military Comptrollers is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in November 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Washington Chapter of the American Society of Military Comptrollers reported income of $397k and spending of $430k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $253k to $397k (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 115%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington Chapter of the American Society of Military Comptrollers sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Devils Lake Blue Line Club Inc ($397k), Road Runners Club of America ($397k) and Telluride Historical Museum Inc ($397k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 94% of the total. At year end it held assets of $500k against liabilities of $0, net assets of $500k.