American Legion is located in Waterloo, WI. The organization was established in 1946. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Legion is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Legion generated $21.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $19.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,950 |
Total Program Service Revenue | $0 |
Membership dues | $1,170 |
Investment income | $158 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $4,506 |
Total Revenue | $21,212 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $12,232 |
Printing, publications, postage, and shipping | $583 |
Other expenses | $6,706 |
Total expenses | $19,521 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,230 |
Other assets | $0 |
Total assets | $144,267 |
Total liabilities | $0 |
Net assets or fund balances | $144,267 |
Organization Name | Assets | Revenue |
---|---|---|
American Legion Park Rapids, MN | $825,850 | $4,270,979 |
American Legion Lansing, MI | $6,617,226 | $3,234,715 |
Amvets Springfield, IL | $604,546 | $3,188,714 |
Michigan Veterans Foundation Inc Detroit, MI | $12,857,454 | $2,381,059 |
American Legion Portage, WI | $4,372,734 | $2,507,173 |
Veterans Of Foreign Wars Dept Of Michigan Lansing, MI | $3,020,634 | $1,962,824 |
American Legion Bloomington, IL | $4,519,203 | $2,240,833 |
Veterans Education And Research Association Of Michigan Ann Arbor, MI | $5,729,968 | $2,127,500 |
Disabled American Veterans Saint Paul, MN | $2,007,600 | $2,057,727 |
Operation Support Our Troops - America Inc Naperville, IL | $995,272 | $1,019,373 |
Veterans Of Foreign Wars Dept Of Minnesota Savage, MN | $1,880,038 | $1,395,935 |
Disabled American Veterans Fraser, MI | $2,133,889 | $1,392,365 |