Jared Allens Homes for Wounded Warriors

Analysis

Jared Allens Homes for Wounded Warriors is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Jared Allens Homes for Wounded Warriors reported income of $4.1m and spending of $4.8m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $4.1m (+139%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jared Allens Homes for Wounded Warriors sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include Catholic Housing Services of Eastern Washington ($4.1m), Colony Care Senior Living Inc ($4.2m) and Great Northern Services ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $189k (4.0% of expenses). Other salaries and wages came to $100k. At year end it held assets of $8.3m against liabilities of $320k, net assets of $8.0m. It reported 2 employees.