Troopsdirect Inc

Analysis

Troopsdirect Inc is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in September 2010, 16 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 June 2023, Troopsdirect Inc reported income of $2.2m and spending of $2.9m, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.6m to $2.2m (-40%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 67%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Troopsdirect Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Luverne Area Community Foundation ($2.2m), Stamford Public Education Foundation Inc ($2.2m) and Brookwood Endowment Fund Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 111% of the total. Compensation of current officers, directors and key employees was $168k (5.9% of expenses). Other salaries and wages came to $233k. At year end it held assets of $2.3m against liabilities of $2.1m, net assets of $205k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.