Workshops for Warriors Inc

Analysis

Workshops for Warriors Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Workshops for Warriors Inc reported income of $7.6m and spending of $11.6m, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.2m to $7.6m (+5.8%), an average of +1.4% a year. The sharpest change came in the year to December 2022, when income rose by 127%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Workshops for Warriors Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Dauphin County Economic Development Corporation ($7.6m), Blue Water Community Action ($7.6m) and Information Technology Andinnovation Foundation ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $569k (4.9% of expenses). Other salaries and wages came to $2.6m. It paid $27k in professional fundraising fees. At year end it held assets of $22.6m against liabilities of $10.7m, net assets of $11.9m. It reported 57 employees.