The Friends of the Golden Regiment

Analysis

The Friends of the Golden Regiment is a registered charity in United States, based in Blue Springs, MO. It received its IRS tax-exemption ruling in July 2022, 4 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, The Friends of the Golden Regiment reported income of $387k and spending of $410k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $115k to $387k (+235%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Friends of the Golden Regiment sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within MO. Charities of a similar size with the same main cause include Norfolk Forum Incorporated ($387k), Del Sol Performing Arts Organization ($387k) and Pulse Productions ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 54% of the total. At year end it held assets of $107k against liabilities of $4,570, net assets of $102k.