Usmc Memorial Foundation

Analysis

Usmc Memorial Foundation is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in March 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Usmc Memorial Foundation reported income of $127k and spending of $163k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $168k to $127k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Usmc Memorial Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within CO. Charities of a similar size with the same main cause include Bowler-Bartlett Foundation ($127k), Little League Baseball Inc ($127k) and PTA California Congress of Parents Teachers & Students Inc ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.