American Legion is located in Norman, OK. 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)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 06/2022, American Legion generated $22.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $23.8k during the year ending 06/2022. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $21,225 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $80 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,133 |
Other Revenue | $500 |
Total Revenue | $22,938 |
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 | $460 |
Occupancy, rent, utilities, and maintenance | $5,873 |
Printing, publications, postage, and shipping | $393 |
Other expenses | $15,103 |
Total expenses | $23,759 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,697 |
Other assets | $0 |
Total assets | $55,179 |
Total liabilities | $0 |
Net assets or fund balances | $55,179 |
Organization Name | Assets | Revenue |
---|---|---|
Veterans Of Foreign Wars Of The United States Dept Of Texas Austin, TX | $10,604,149 | $6,677,704 |
Veterans Of Foreign Wars Of The United States Auxillary Kansas City, MO | $115,995,007 | $13,500,016 |
Veterans Community Project Kansas City, MO | $14,262,405 | $11,060,934 |
Military Wellness Initiative Dallas, TX | $2,428,709 | $3,600,000 |
American Legion Clovis, NM | $323,823 | $3,104,581 |
Combat Marine Outdoors Inc Houston, TX | $1,866,228 | $2,870,312 |
A Sanctuary For Military Families Inc Granby, CO | $1,662,699 | $1,856,266 |
Disabled American Veterans Thrift Store Inc Wichita, KS | $839,064 | $1,958,775 |
Welcome Home Inc Columbia, MO | $4,815,089 | $2,743,236 |
American Legion Clovis, NM | $235,874 | $1,801,640 |
Veterans Of Foreign Wars Of The United States Dept Of Texas Copperas Cve, TX | $546,071 | $1,909,310 |
American Legion Austin, TX | $7,412,004 | $1,863,301 |