Armoured One Training Inc

Analysis

Armoured One Training Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Armoured One Training Inc reported income of $235k and spending of $258k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $349k to $235k (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 156%. Over the whole period it spent 110% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Armoured One Training Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Rebuild Paradise Foundation ($235k), Springfield Township Delaware County Firemens Relief Association ($235k) and Iberville Parish Community Awareness and Emergency Response ($235k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $120k (47% of expenses). Other salaries and wages came to $22k. At year end it held assets of $120k against liabilities of $198k, net assets of -$78k. It reported 10 employees.