Soldiers Best Friend

Analysis

Soldiers Best Friend is a registered charity in United States, based in Peoria, AZ. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Soldiers Best Friend reported income of $1.4m and spending of $1.0m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $942k to $1.4m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Soldiers Best Friend sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within AZ. Charities of a similar size with the same main cause include East Cooper Meals on Wheels Inc ($1.4m), Center of Grace Inc ($1.4m) and Family Focus Adoption Services ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $89k (8.9% of expenses). Other salaries and wages came to $451k. At year end it held assets of $4.8m against liabilities of $74k, net assets of $4.7m. It reported 23 employees.