Warfighter Advance Inc

Analysis

Warfighter Advance Inc is a registered charity in United States, based in Sparks Glenco, MD. It received its IRS tax-exemption ruling in August 2017, 9 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, Warfighter Advance Inc reported income of $678k and spending of $360k, leaving 47% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $204k to $678k (+232%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Warfighter Advance Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Betty Eliason Child Care Center ($678k), Greeley Transitional House Inc ($678k) and The Desert Symphony Inc ($678k).

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 $60k (17% of expenses). At year end it held assets of $494k against liabilities of $1,450, net assets of $493k.