Special Forces Charitable Trust

Analysis

Special Forces Charitable Trust is a registered charity in United States, based in Southern Pnes, NC. It received its IRS tax-exemption ruling in April 2011, 15 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 2023, Special Forces Charitable Trust reported income of $5.1m and spending of $4.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $5.1m (+144%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Special Forces Charitable Trust sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include The Erie County Community Foundation ($5.1m), United Way of Greater Lafayette & Tippecanoe County ($5.2m) and Branden Sports and Aquatic Center ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $709k. At year end it held assets of $3.5m against liabilities of $291k, net assets of $3.2m. It reported 9 employees.