Armed Forces Thanksgiving

Analysis

Armed Forces Thanksgiving is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in February 2016, 10 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 December 2023, Armed Forces Thanksgiving reported income of $179k and spending of $187k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $151k to $179k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Armed Forces Thanksgiving sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include National Oldtime Fiddlers Inc ($179k), Castle Crusaders ($179k) and National Society of the Colonial Dames of Amer in the State of N J ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.