The General William C Lee Memorial Commission Inc

Analysis

The General William C Lee Memorial Commission Inc is a registered charity in United States, based in Dunn, NC. It received its IRS tax-exemption ruling in April 1983, 43 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 June 2024, The General William C Lee Memorial Commission Inc reported income of $82k and spending of $63k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $113k to $82k (-27%), an average of -7.7% a year. The sharpest change came in the year to June 2023, when income rose by 126%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The General William C Lee Memorial Commission Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include American Chemical Society ($82k), Emergency Nurses Association ($82k) and Dormont Athletic Boosters Association Inc ($82k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% of the total. Compensation of current officers, directors and key employees was $2,606 (4.1% of expenses). At year end it held assets of $1.6m against liabilities of $142, net assets of $1.6m.