Soldiers 6 Inc

Analysis

Soldiers 6 Inc is a registered charity in United States, based in Inver Grove, MN. It received its IRS tax-exemption ruling in August 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 (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, Soldiers 6 Inc reported income of $473k and spending of $474k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $401k to $473k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Soldiers 6 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 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include North Thurston Education Foundation ($473k), Aarons Presents Inc ($473k) and Fairvote Minnesota Foundation ($473k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $84k. At year end it held assets of $154k against liabilities of $0, net assets of $154k. It reported 3 employees.