Military Order of the Stars and Bars

Analysis

Military Order of the Stars and Bars is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in September 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 December 2023, Military Order of the Stars and Bars reported income of $75k and spending of $76k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $86k to $75k (-12%), an average of -3.3% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 72% 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 Stars and Bars sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Week Day Religious Education in Logan County Ohio ($75k), Oak Ridge Civic Ballet Assoc ($75k) and Sampson Community Theatre Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $22k (29% of expenses). At year end it held assets of $501k against liabilities of $0, net assets of $501k.