Support the Troops Inc

Analysis

Support the Troops Inc is a registered charity in United States, based in Wesley Chapel, FL. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 2022, Support the Troops Inc reported income of $139k and spending of $134k, spending 96% of its income. Across the 3 years on record, from December 2018 to December 2022, income fell from $249k to $139k (-44%), an average of -25% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Support the Troops Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include United Way of Boone County Illinois ($139k), Medici Foundation ($139k) and The Route to Roots Corporation ($139k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,495 against liabilities of $0, net assets of $5,495.