American Legion Frank Gladd Post No 20 Inc

Analysis

American Legion Frank Gladd Post No 20 Inc is a registered charity in United States, based in Fort Gibson, OK. It received its IRS tax-exemption ruling in November 2020, 6 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, American Legion Frank Gladd Post No 20 Inc reported income of $86k and spending of $79k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $86k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Legion Frank Gladd Post No 20 Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within OK. Charities of a similar size with the same main cause include Jackson Home & School Club ($86k), Carroll County Ministerial Association Inc ($86k) and University Section Club Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $454k against liabilities of $1,086, net assets of $453k.