Navy League of the United States National Headquarters

Analysis

Navy League of the United States National Headquarters is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in November 1990, 36 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 2022, Navy League of the United States National Headquarters reported income of $10.7m and spending of $9.9m, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $7.8m to $10.7m (+36%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 819%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Navy League of the United States National Headquarters sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Focus Inc ($10.7m), Huntingtons Disease Society of America Inc ($10.7m) and Amvets Department of California Service Foundation ($10.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 31% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $1.0m (10% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $81.9m against liabilities of $79.0m, net assets of $2.8m. It reported 39 employees.