Warriors Ambition Charities Inc

Analysis

Warriors Ambition Charities Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Ambition Charities Inc reported income of $101k and spending of $101k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $700 to $101k (+14339%), an average of +14339% a year. The sharpest change came in the year to December 2023, when income rose by 14339%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Warriors Ambition Charities Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Hamilton Senior Center Inc ($101k), Great Falls Grange Foundation Inc ($101k) and Indian Senior Citizens Association ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1,929 against liabilities of $3,772, net assets of -$1,843.