The American Society of Military Insignia Collectors

Analysis

The American Society of Military Insignia Collectors is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The American Society of Military Insignia Collectors reported income of $69k and spending of $66k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $69k to $69k (+0.6%), an average of +0.6% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The American Society of Military Insignia Collectors sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within IN. Charities of a similar size with the same main cause include Poospatuck Cultural Foundation Inc ($69k), Dainty Jewells Foundation ($69k) and Yorktown Foundation ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.4% and program service revenue 33% of the total. At year end it held assets of $41k against liabilities of $7,000, net assets of $34k.