American Legion is located in Mercedes, TX. 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 12/2023, American Legion generated $151.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $139.6k during the year ending 12/2023. While expenses have increased by 9.0% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SCHOLORSHIPS FOR NEIGHBORHOOD YOUTHS BOYS STATE SPONSORHIP
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $69,195 |
Membership dues | $4,284 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $78,248 |
Other Revenue | $0 |
Total Revenue | $151,727 |
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 | $600 |
Occupancy, rent, utilities, and maintenance | $27,454 |
Printing, publications, postage, and shipping | $3,730 |
Other expenses | $107,850 |
Total expenses | $139,634 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $23,661 |
Other assets | $0 |
Total assets | $23,661 |
Total liabilities | $0 |
Net assets or fund balances | $23,661 |