Coolidge National Medal of Honor Heritage Center Inc

Analysis

Coolidge National Medal of Honor Heritage Center Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in November 1987, 39 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 2023, Coolidge National Medal of Honor Heritage Center Inc reported income of $1.4m and spending of $1.5m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $1.4m (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coolidge National Medal of Honor Heritage Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include Virginia Lutheran Homes Home Care Inc ($1.4m), Cambridge Public Access Corporation Inc ($1.4m) and Attic Incorporated ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $104k (7.0% of expenses). Other salaries and wages came to $307k. At year end it held assets of $6.2m against liabilities of $1.4m, net assets of $4.8m. It reported 12 employees.