Warriors Soar Inc

Analysis

Warriors Soar Inc is a registered charity in United States, based in Shelburne, VT. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Warriors Soar Inc reported income of $171k and spending of $145k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $171k (+89%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Warriors Soar Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 41st percentile within VT. Charities of a similar size with the same main cause include Fort Stockton Golf Association ($171k), Valley Soccer League Inc ($171k) and Bam Swim Team ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $44k (30% of expenses). At year end it held assets of $111k against liabilities of $1,310, net assets of $110k.