Shenandoah Valley Battlefields Foundation

Analysis

Shenandoah Valley Battlefields Foundation is a registered charity in United States, based in New Market, VA. It received its IRS tax-exemption ruling in November 2000, 26 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 September 2023, Shenandoah Valley Battlefields Foundation reported income of $8.1m and spending of $2.9m, leaving 64% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.9m to $8.1m (+111%), an average of +21% a year. The sharpest change came in the year to September 2020, when income rose by 37%. Over the whole period it spent 29% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shenandoah Valley Battlefields Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Robertson Research Fund Inc ($8.1m), National Academy of Engineering Fund ($8.2m) and Manhattan Class Company Inc ($8.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $162k (5.5% of expenses). Other salaries and wages came to $354k. At year end it held assets of $63.5m against liabilities of $6.6m, net assets of $56.9m. It reported 11 employees.