Military Order of the Purple Heart Service Foundation Inc

Analysis

Military Order of the Purple Heart Service Foundation Inc is a registered charity in United States, based in Annandale, VA. It received its IRS tax-exemption ruling in November 1994, 32 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 2023, Military Order of the Purple Heart Service Foundation Inc reported income of $14.8m and spending of $14.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $27.1m to $14.8m (-45%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 29%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Military Order of the Purple Heart Service Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include P G Chambers School Inc ($14.8m), American Counseling Association ($14.8m) and Emergency Food Bank ($14.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $355k (2.4% of expenses). Other salaries and wages came to $930k. It paid $10.2m in professional fundraising fees. At year end it held assets of $2.0m against liabilities of $614k, net assets of $1.4m. It reported 17 employees.