African American Veterans Monument Inc

Analysis

African American Veterans Monument Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in October 2020, 6 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, African American Veterans Monument Inc reported income of $95k and spending of $175k, spending 184% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $82k to $95k (+16%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 200%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, African American Veterans Monument Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include House of Peru ($95k), Heartland Research Inc ($95k) and International Royal Order of Jesters Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.