Sons of Confederate Veterans

Analysis

Sons of Confederate Veterans is a registered charity in United States, based in Trenton, SC. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 reported income of $163k and spending of $142k, spending 87% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $70k to $163k (+131%), an average of +23% a year. The sharpest change came in the year to July 2022, when income rose by 107%. Over the whole period it spent 87% 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 sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 55th percentile within SC. Charities of a similar size with the same main cause include Rescuers Wingman ($163k), Lake Superior and Mississippi Railroad Company ($163k) and Ami Housing Corporation ($163k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $474k against liabilities of $20k, net assets of $454k.