Sons of Confederate Veterans Inc

Analysis

Sons of Confederate Veterans Inc is a registered charity in United States, based in Corsicana, TX. It received its IRS tax-exemption ruling in August 2007, 19 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 July 2024, Sons of Confederate Veterans Inc reported income of $55k and spending of $41k, leaving 25% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $52k to $55k (+5.8%), an average of +5.8% a year. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sons of Confederate Veterans Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Amherst Central Schools Foundation Inc ($55k), Cherry Creek School Distric Parent Teacher Community Council Inc ($55k) and Senior Citizens Center Inc ($55k).

At year end it held assets of $125k against liabilities of $0, net assets of $125k.