Sons of Confederate Veterans Inc

Analysis

Sons of Confederate Veterans Inc is a registered charity in United States, based in Madison, AL. It received its IRS tax-exemption ruling in August 2007, 19 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 July 2024, Sons of Confederate Veterans Inc reported income of $89k and spending of $63k, leaving 29% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $86k to $89k (+2.9%), an average of +2.9% a year. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sons of Confederate Veterans Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within AL. Charities of a similar size with the same main cause include The@fraternal Order of Leatherheads Society Lake Area Chapter ($89k), Mooresville Area Senior Center Inc ($89k) and Highlands Travel Softball Inc ($89k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 3.0% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.