West Virginia Memorial Day Inc

Analysis

West Virginia Memorial Day Inc is a registered charity in United States, based in Grafton, WV. It received its IRS tax-exemption ruling in June 2005, 21 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 June 2024, West Virginia Memorial Day Inc reported income of $57k and spending of $78k, spending 137% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income fell from $84k to $57k (-32%), an average of -12% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, West Virginia Memorial Day Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within WV. Charities of a similar size with the same main cause include Valerian D Trifa Romanian-American Heritage Center ($57k), Scit Theater Two Incorporated ($57k) and Apple Creek Historical Society ($57k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.