Raymond E Smith Amvets Post 61 is a 501(c)(19) organization based in Louisville, Kentucky, registered in 1945, with $138,322 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$138K
▼ 20.1% vs prior year
Expenses (FY2024)
$159K
Net assets
$447K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Raymond E Smith Amvets Post 61— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Raymond E Smith Amvets Post 61: 34 mo reserves · -15% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Raymond E Smith Amvets Post 61— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Raymond E Smith Amvets Post 61: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $102K (FY2020) to $138K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-14.7%
Spent more than it raised in the latest fiscal year.
Total assets
$447K
Total liabilities
$0
Net assets
$447K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $138,322▼20.1% | $158,642▲9.4% | $446,809▼4.3% | $446,809▼4.3% | 990 |
| 2023 | $173,036▲9.3% | $145,003▼31.1% | $467,129▲6.4% | $467,129▼0.9% | 990 |
| 2022 | $158,367▲15.3% | $210,554▲50.1% | $439,096▲937% | $471,230▲1013% | 990 |
| 2021 | $137,372▲34.4% | $140,281▲69.5% | $42,336▼6.4% | $42,336▼6.4% | 990 |
| 2020 | $102,246 | $82,747 | $45,245 | $45,245 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Raymond E Smith Amvets Post 61 (EIN 61-0958310) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.