Warriors Sports Academy

Analysis

Warriors Sports Academy is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in July 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Warriors Sports Academy reported income of $379k and spending of $397k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $220k to $379k (+73%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Warriors Sports Academy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Menifee Pony Inc ($379k), Nor-Cal Inline ($379k) and Davis Aquatic Masters ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $49k (12% of expenses). Other salaries and wages came to $74k. At year end it held assets of $44k against liabilities of $14k, net assets of $30k. It reported 4 employees.