The Citizens Soldiers Education Foundation Inc

Analysis

The Citizens Soldiers Education Foundation Inc is a registered charity in United States, based in Staunton, VA. It received its IRS tax-exemption ruling in December 2010, 16 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, The Citizens Soldiers Education Foundation Inc reported income of $293k and spending of $123k, leaving 58% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $198k to $293k (+48%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Citizens Soldiers Education Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Porter County Heritage Corportation ($293k), Williams Grove Old Timers ($293k) and Actors Incorporated ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $44k (36% of expenses). At year end it held assets of $382k against liabilities of $27k, net assets of $355k. It reported 2 employees.