Stripes of a Warrior Inc

Analysis

Stripes of a Warrior Inc is a registered charity in United States, based in Yorba Linda, CA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Stripes of a Warrior Inc reported income of $192k and spending of $205k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $316k to $192k (-39%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stripes of a Warrior Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Thrive Center Inc ($192k), Way Counseling Network Inc ($192k) and Pennsylvania American Legion Housing for Homeless Veterans Corp ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $12k (6.0% of expenses). At year end it held assets of $22k against liabilities of $0, net assets of $22k. It reported 1 employees.

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.