Warrior-Scholar Project Foundation

Analysis

Warrior-Scholar Project Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Warrior-Scholar Project Foundation reported income of $6.8m and spending of $4.7m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $6.8m (+183%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Warrior-Scholar Project Foundation 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 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Yuma Catholic High School-Yuma Arizona ($6.8m), Citrus Springs Charter School ($6.8m) and Utah County Academy of Sciences ($6.8m).

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 $190k (4.1% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $14.0m against liabilities of $87k, net assets of $13.9m. It reported 71 employees.