Adopt-A-Soldier Platoon Inc

Analysis

Adopt-A-Soldier Platoon Inc is a registered charity in United States, based in Fair Lawn, NJ. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Adopt-A-Soldier Platoon Inc reported income of $377k and spending of $479k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $617k to $377k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 57%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adopt-A-Soldier Platoon Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include International Assoc of Bridge Struc & Ornamental Iron Workers Loc 103 ($377k), Transformations by Austin Angels ($377k) and Vetgroup Inc ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $345k against liabilities of $10k, net assets of $335k.