African-American Civil War Memorial Freedom Foundation

Analysis

African-American Civil War Memorial Freedom Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, African-American Civil War Memorial Freedom Foundation reported income of $2.3m and spending of $537k, leaving 76% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $910k to $2.3m (+150%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 315%. Over the whole period it spent 47% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, African-American Civil War Memorial Freedom Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 68th percentile within DC. Charities of a similar size with the same main cause include Movimiento de Arte Y Cultura Latino Americana de San Jose Incorporated ($2.3m), Sanborn Mills Inc ($2.3m) and Frank Lloyd Wrights Martin House Co Rporation ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (13% of expenses). Other salaries and wages came to $115k. At year end it held assets of $3.2m against liabilities of $4,652, net assets of $3.2m. It reported 4 employees.