Warrior for Life Fund

Analysis

Warrior for Life Fund is a registered charity in United States, based in Virginia Beach, VA. It received its IRS tax-exemption ruling in February 2020, 6 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, Warrior for Life Fund reported income of $440k and spending of $342k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $272k to $440k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Warrior for Life Fund sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Friends of the Ashland County Park District ($440k), Saginaw Township Soccer Association ($441k) and Carol S Petrea Youth Golf Foundation Inc ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $349k against liabilities of $13k, net assets of $337k.