Connected Warriors Inc

Analysis

Connected Warriors Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Connected Warriors Inc reported income of $86k and spending of $89k, spending 103% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $226k to $86k (-62%), an average of -38% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 188% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Connected Warriors Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($86k), Friends of Sauratown Mountains ($86k) and Reed Custer Junior Comets ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.3% of the total. At year end it held assets of $691k against liabilities of $878k, net assets of -$187k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.