CHARLESTON, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WASHINGTON LIGHT INFANTRY OF CHARLESTON INC, founded in 1900, is a small nonprofit that reported $443K in total revenue in fiscal year 2024. Revenue fell 85% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $223K, a strong 50% operating margin.
The mission of the Washington Light Infantry is to preserve the history of the patriots of the US military services and State of SC.
The WLI awards academic scholarships to The Citadel and the American College of Building Arts. The Citadels financial aid office determines the recipients of the scholarships awarded to The Citadel...
The WLI awards academic scholarships to The Citadel and the American College of Building Arts. The Citadels financial aid office determines the recipients of the scholarships awarded to The Citadel. The American College of Building Arts determines the recipients of the award made to that school. The WLI also makes contributions to 501(c)(3) organizations after approval by the Board of Officers upon recommendation by the Charity Committee. Additional grants may be awarded to widows of former WLI members, children or grandchildren of WLI members enrolled in college after approval by Board of Officers.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $443,292 | $2,976,477 | -0.9% |
| Expenses | $220,592 | $291,780 | -0.2% |
| Net Income | $222,700 | $2,684,697 | -0.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| COL CHARLES FOX | HISTORIAN | 20.00 |
Director
|
$15,600 | $0 | $15,600 |
| COL WOOD STRUTHERS | BOARD MEMBERARMORY MG | 20.00 |
Director
|
$13,000 | $0 | $13,000 |
| BG MARION VALENTINO | PAST TREASURER | 0.00 |
Director
|
$0 | $450 | $450 |
| COL JIMMY E NEEDHAM | ASST TREA | 0.00 |
Director
|
$0 | $350 | $350 |
| COL DALE THEILING | BOARD MEMBER | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| LTCOL J W POWELL JR | COMMANDER | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| COL ROBERT SPAFFORD | TREASURER | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| COL CARL B BECKMAN JR | CHAIRMAN | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| LTC RICK B ARCHAMBAULT | SECRETARY | 0.00 |
Director
|
$0 | $0 | $0 |
| COL B K JANTZEN JR | MEMBER EMERITUS | 0.00 |
Director
|
$0 | $0 | $0 |
| CPT J V BRANDT | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| CSM CHARLES RATLIFFE | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| LTC MARK MCGEE | EXEC OFFICER | 0.00 |
Director
|
$0 | $0 | $0 |
| LTCOL BEAU SCHUPP | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| CPT CHARLES HALL JR | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $443,292 | $220,592 | $6,291,991 | $222,700 |
| 2024 | $2,976,477 | $291,780 | $6,147,252 | $2,684,697 |
| 2023 | $394,886 | $217,306 | $3,463,969 | $177,580 |
| 2022 | $363,004 | $165,442 | $3,263,001 | $197,562 |
| 2021 | $224,609 | $158,706 | $3,066,813 | $65,903 |
| 2020 | $402,892 | $154,986 | $2,999,042 | $247,906 |
| 2019 | $369,688 | $128,808 | $2,751,545 | $240,880 |
Compare WASHINGTON LIGHT INFANTRY OF CHARLESTON INC with other nonprofits in South Carolina and across the country.