Warriors 4 Wireless Scholarship Fund

Analysis

Warriors 4 Wireless Scholarship Fund is a registered charity in United States, based in Oak Hill, VA. It received its IRS tax-exemption ruling in November 2015, 11 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, Warriors 4 Wireless Scholarship Fund reported income of $789k and spending of $1.2m, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $752k to $789k (+4.9%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Warriors 4 Wireless Scholarship Fund sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Tri-County Christian School ($789k), Habitat for Humanity International Inc ($789k) and Volunteers of America Inc ($789k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $120k (10% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.