Warriors Inc

Analysis

Warriors Inc is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Warriors Inc reported income of $4.2m and spending of $3.6m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $4.2m (+1.4%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Warriors Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Corporation for Findlay Market of Cincinnati ($4.2m), The Youngstown Edison Incubator Corporation ($4.2m) and Chicago Cares Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $2.0m (57% of expenses). At year end it held assets of $11.3m against liabilities of $11k, net assets of $11.2m. It reported 82 employees.