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Wounded Warrior Project Inc

RegisteredEIN 20-2370934Jacksonville, FLPoverty relief
Income$348.7m2023-09
Spending$369.5msame year
Spent / received94%5-year average
Size in its cause100th pctPoverty relief
Exempt since2005Publicly supported organisat
Employees1,037latest return

Analysis

Wounded Warrior Project Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Wounded Warrior Project Inc reported income of $348.7m and spending of $369.5m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $282.5m to $348.7m (+23%), an average of +5.4% a year. The sharpest change came in the year to September 2022, when income rose by 19%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wounded Warrior Project Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Youth Villages Inc ($342.2m), Harbor Devlopmental Disabilities Foundation ($349.7m) and Samaritan Health Services Inc ($335.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $3.0m (0.8% of expenses). Other salaries and wages came to $79.7m. It paid $9.0m in professional fundraising fees. At year end it held assets of $448.2m against liabilities of $58.6m, net assets of $389.6m. It reported 1,037 employees.

Income and spending

$0$100.5m$201.1m$301.6m$402.2m2019 Income: $282,456,7682019 Spending: $282,645,18220192020 Income: $287,368,6772020 Spending: $276,378,35920202021 Income: $338,965,1462021 Spending: $295,297,16120212022 Income: $402,156,0912022 Spending: $344,126,28920222023 Income: $348,665,2542023 Spending: $369,496,4512023
IncomeSpending

Where the income comes from

  • Contributions & grants 95%
  • Other 4.6%

Similar-sized charities, same cause

CharityLocationIncome
Youth Villages IncBartlett$342.2m
Harbor Devlopmental Disabilities FoundationTorrance$349.7m
Samaritan Health Services IncCorvallis$335.0m
Blue Meridian Partners IncNew York$353.3m