Shootout for Soldiers Inc

Analysis

Shootout for Soldiers Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Shootout for Soldiers Inc reported income of $502k and spending of $444k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $807k to $502k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 827%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shootout for Soldiers Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Martha and Mary Lutheran Services ($502k), Unico Foundation Inc ($502k) and Intown Manchester Management Inc ($502k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $120k (27% of expenses). Other salaries and wages came to $25k. At year end it held assets of $337k against liabilities of $0, net assets of $337k. It reported 7 employees.