Warrior Notes
Analysis
Warrior Notes is a registered charity in United States, based in Destrehan, LA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Warrior Notes reported income of $13.3m and spending of $10.0m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $13.3m (+553%), an average of +60% a year. The sharpest change came in the year to December 2020, when income rose by 231%. Over the whole period it spent 59% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Warrior Notes sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within LA. Charities of a similar size with the same main cause include Chabad on Campus International Inc ($13.2m), Momentum Unlimited Inc ($13.4m) and Wellspring Living Inc ($13.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $368k (3.7% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $18.0m against liabilities of $180k, net assets of $17.8m. It reported 50 employees.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Program services 30%
- Other 3.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chabad on Campus International Inc | Brooklyn | $13.2m |
| Momentum Unlimited Inc | Rockville | $13.4m |
| Wellspring Living Inc | Atlanta | $13.2m |
| Reaching Unreached Nations Inc | Virginia BCH | $13.4m |