Women in Military Service for America Memorial Foundation Inc

Analysis

Women in Military Service for America Memorial Foundation Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in August 1988, 38 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 December 2023, Women in Military Service for America Memorial Foundation Inc reported income of $4.6m and spending of $5.2m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.9m to $4.6m (-34%), an average of -9.7% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. 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, Women in Military Service for America Memorial Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Arc of Washington-Holmes Counties Inc ($4.6m), Aaa Foundation for Traffic Safety ($4.6m) and Buffalo Collegiate Charter School ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $267k (5.2% of expenses). Other salaries and wages came to $1.2m. It paid $279k in professional fundraising fees. At year end it held assets of $14.8m against liabilities of $2.9m, net assets of $11.9m. It reported 32 employees.