My Soldier Inc

Analysis

My Soldier Inc is a registered charity in United States, based in Great Neck, NY. It received its IRS tax-exemption ruling in January 2018, 8 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, My Soldier Inc reported income of $395k and spending of $373k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $327k to $395k (+21%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Soldier Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Umpqua Valley Disabilities Network ($395k), Community Caregivers of Greater Derry ($395k) and Ashtabula County Council on Aging ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $1,351, net assets of $23k.