American Legion Charities Inc

Analysis

American Legion Charities Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, American Legion Charities Inc reported income of $16.6m and spending of $15.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $16.6m (+1222%), an average of +91% a year. The sharpest change came in the year to December 2022, when income rose by 906%. Over the whole period it spent 115% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Legion Charities Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include Hamilton County Community Foundation Inc ($16.6m), Community Foundation of Northeast Iowa ($16.6m) and Pasadena Community Foundation ($16.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. It paid $5.3m in professional fundraising fees. At year end it held assets of $9.0m against liabilities of $11.6m, net assets of -$2.6m.