Sheboygan County Veterans Memorial

Analysis

Sheboygan County Veterans Memorial is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in November 2022, 4 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, Sheboygan County Veterans Memorial reported income of $172k and spending of $23k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $172k (+199%), an average of +200% a year. The sharpest change came in the year to December 2023, when income rose by 199%. Over the whole period it spent 20% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheboygan County Veterans Memorial sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include Berson Family Supporting Foundation Inc ($172k), North American Regional Science Council Inc ($172k) and Volunteers of America Inc ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $198k against liabilities of $0, net assets of $198k.