American Gold Star Mothers Inc

Analysis

American Gold Star Mothers Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1955, 71 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, American Gold Star Mothers Inc reported income of $376k and spending of $372k, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $374k to $376k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to June 2020, when income rose by 64%. 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, American Gold Star Mothers Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 39th percentile within DC. Charities of a similar size with the same main cause include Piscataquog Land Conservancy ($376k), Many Mansions Inc ($376k) and Volunteers of America Inc ($376k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 7.3% of the total. At year end it held assets of $447k against liabilities of $0, net assets of $447k.