Armed Forces Service Center Inc

Analysis

Armed Forces Service Center Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in October 1999, 27 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 December 2023, Armed Forces Service Center Inc reported income of $151k and spending of $143k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $151k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. 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, Armed Forces Service Center Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Dairyland Outdoor Veterans Retreat Corp ($151k), Math Masters of Minnesota ($151k) and The Mens Club for the Jewish Home for the Elderly of Fairfield Count ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.