Undersea Warriors Inc

Analysis

Undersea Warriors Inc is a registered charity in United States, based in Deerfield BCH, FL. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Undersea Warriors Inc reported income of $70k and spending of $47k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $89k to $70k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Undersea Warriors Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Granby Athletic Association Inc ($70k), Theodore Gordon Flyfishers Inc ($70k) and Junior Baseball of Oregon Inc ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $78k, net assets of $0.