Honoring Our Wounded Military Inc

Analysis

Honoring Our Wounded Military Inc is a registered charity in United States, based in Roanoke, TX. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Honoring Our Wounded Military Inc reported income of $404k and spending of $266k, leaving 34% of income unspent that year. Across the 6 years on record, from February 2019 to February 2024, income grew from $243k to $404k (+66%), an average of +11% a year. The sharpest change came in the year to February 2022, when income rose by 657%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Honoring Our Wounded Military Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Open Door Thrift Store Corporation ($404k), Blue Skies for Children ($404k) and Upland-Foothill Kiwanis Foundation ($404k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 109% of the total. At year end it held assets of $172k against liabilities of $5,576, net assets of $166k.