Center for African American Military History Inc

Analysis

Center for African American Military History Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2001, 25 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 (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, Center for African American Military History Inc reported income of $4.3m and spending of $1.7m, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $792k to $4.3m (+440%), an average of +52% a year. The sharpest change came in the year to December 2021, when income rose by 409%. Over the whole period it spent 45% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for African American Military History Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include The Katharine Hepburn Cultural Arts Center Inc ($4.3m), Society of Motion Picture and Television Engineers Inc ($4.3m) and Liveconnections Org ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 3.4% of the total. Other salaries and wages came to $955k. At year end it held assets of $10.7m against liabilities of $1.2m, net assets of $9.5m. It reported 9 employees.