Celebrating 25+ years of helping you give wisely
America's most independent,
assertive charity watchdog

Wounded Warrior Project

CharityWatch report issued
November 2021

C+
CharityWatch Grade
Our independent grade based
on a number of factors.
 
64%
Program Percentage
Amount spent on programs
relative to overhead.
 
$32
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Wounded Warrior Project
4899 Belfort Road
Suite 300
Jacksonville, FL 32256

Other Names

Believe in Heroes
Soldier Ride
Wounded Warrior Project Long Term Support Trust
WWP

Tax Status

501(c)3

Stated Mission

To honor and empower wounded warriors.

View similar charities
Charity  
AdoptAPlatoon Soldier Support Effort  
Air Force Aid Society  
American Legion National Headquarters  
American Studies Center  
AMVETS National Headquarters  
AMVETS National Service Foundation  
Armed Services YMCA of the USA  
Army Emergency Relief  
Blinded Veterans Association  
Bob Woodruff Family Foundation  
Center for American Homeless Veterans (DISSOLVED)  
Circle of Friends for American Veterans (DISSOLVED)  
Coalition to Salute America's Heroes  
Coast Guard Foundation  
Disabled American Veterans (DAV)  
Disabled American Veterans (DAV) Charitable Service Trust  
Disabled Veterans National Foundation  
Disabled Veterans Services (DISSOLVED)  
Fisher House Foundation  
Folds of Honor Foundation  
For The Troops  
Foundation for American Veterans (DISSOLVED)  
Freedom Alliance  
Gary Sinise Foundation  
Healing Heroes Network (DISSOLVED)  
Help Heal Veterans  
Help Our Wounded (DISSOLVED)  
Help the Vets (DISSOLVED)  
HeroBox  
Homes For Our Troops  
Homes for Veterans  
HonorBound Foundation  
Hope For The Warriors  
Intrepid Fallen Heroes Fund  
Iraq & Afghanistan Veterans of America  
K9s For Warriors  
Marine Corps Scholarship Foundation  
Mission Continues  
Move America Forward  
Mutts With A Mission  
National Military Family Association  
National Veterans Foundation  
National Vietnam Veterans Foundation (DISSOLVED)  
Navy SEAL Foundation  
Navy-Marine Corps Relief Society  
Operation Finally Home  
Operation Homefront  
Paralyzed Veterans of America  
Paws for Purple Hearts  
Purple Heart Foundation  
Semper Fi & America's Fund  
Soldiers' Angels  
Special Operations Warrior Foundation  
Team Red, White & Blue  
Tragedy Assistance Program for Survivors (TAPS)  
TREA Memorial Foundation  
TroopsDirect  
United American Patriots  
United Service Organizations (USO)  
United Spinal Association  
United States Armed Forces Association  
United States Navy Memorial Foundation  
Veterans Community Project  
Veterans of Foreign Wars of the U.S. and Foundation  
Veterans Relief Network  
Vietnam Veterans Memorial Fund  
Vietnam Veterans of America  
VietNow National Headquarters (DISSOLVED)  
Wounded Warriors Family Support  
Data based on Fiscal Year Ended 09/30/2020

Program Percentage: 64%

The percentage of Wounded Warrior Project's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$275,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $32

How many dollars Wounded Warrior Project spends on fundraising to raise each $100 of contributions.

$268,000,000

Calculated Total Contributions

(rounded)

Joint Costs

Wounded Warrior Project's rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.

Program % Cost to Raise $100
71% $24
Accounting rules allow charities to report some telemarketing, direct mail, and other solicitation costs as Program expenses. CharityWatch believes that most donors do not consider a charity's solicitation activities to be the Programs they are intending to support with their donations. We therefore adjust such expenses out of a charity's reported Program expense and add it to Fundraising expense prior to calculating its rating.

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
Wounded Warrior Project & Subsidiary Audited Consolidated Financial Statements multiple
Wounded Warrior Project IRS Form 990 20-2370934
Wounded Warrior Project LT Support Trust IRS Form 990 37-6558533
Entity: Wounded Warrior Project & Subsidiary
Document Type: Audited Consolidated Financial Statements
Tax ID: multiple
Entity: Wounded Warrior Project
Document Type: IRS Form 990
Tax ID: 20-2370934
Entity: Wounded Warrior Project LT Support Trust
Document Type: IRS Form 990
Tax ID: 37-6558533

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
Wounded Warrior Project
meets governance benchmarks.
 
Wounded Warrior Project
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy

  Name Title Compensation
1 Michael S. Linnington CEO $372,166
2 Jennifer M. Silva Chief Program Officer $351,408
3 Eric S. Miller CFO $337,078
1
Name: Michael S. Linnington
Title: CEO
Compensation: $372,166
2
Name: Jennifer M. Silva
Title: Chief Program Officer
Compensation: $351,408
3
Name: Eric S. Miller
Title: CFO
Compensation: $337,078

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

CharityWatch's rating of Wounded Warrior Project (WWP) includes the financial activities of the Wounded Warrior Project Long Term Support Trust, the accounts of which are included in the WWP audited consolidated financial statements for the fiscal year ended September 30, 2020. All material intercompany accounts and transactions are eliminated in the audit consolidation.


According to the WWP consolidated audit of September 30, 2020 (Note 1, Organization):

"The Wounded Warrior Project Long Term Support Trust (the 'Trust') was established as a supporting organization on September 27, 2013 to help provide the financial support necessary to maintain severely wounded warriors in settings that are as independent as possible, and to assist them with long term care needs in the event of the warrior's separation from his or her caregiver."


Also according to the WWP consolidated audit of September 30, 2020 (Note 1, Organization, Long Term Support Trust):

"Trust net assets of $118,779,559 are separately presented on the accompanying [audited] consolidated statement of financial position as part of net assets without donor restrictions. The Trust is consolidated [in the audit] in accordance with authoritative guidance because, among other factors, WWP has the power to remove the Trustee and appoint a successor Trustee, and the Trust is operated, supervised, and controlled by WWP, its supported organization. All funds held by the Trust must be used for the purposes defined by the Trust and will not be returned to WWP unless the Trust is terminated. The Organization does not have any plans to terminate the Trust. ... Based on its defined purpose, the Organization began making distributions from the Trust in fiscal year 2020, primarily to begin development of individual warrior life care plans. Distributions for the fiscal year ending September 30, 2020 totaled $48,122."

According to the Wounded Warrior Project (WWP) consolidated audit of September 30, 2020 (Note 8, In-Kind Contributions), WWP received in-kind contributions in fiscal 2020 on which it placed a total value of $110,350,879, including $105,542,528 in donated public service announcements (PSAs).

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]

According to the Wounded Warrior Project (WWP) consolidated audit of September 30, 2020 (Note 1, Organization, Impact of COVID-19 on Mission and Programs):

"In March 2020, the World Health Organization classified the outbreak and spread of the COVID-19 virus ('COVID') as a global pandemic. COVID has had a profound negative impact on the mental, physical and financial wellbeing of the world population. Wounded and injured veterans and service members are at even greater risk from the negative impacts of COVID due to pre-pandemic conditions... Therefore, in order to address heightened warrior needs, and to comply with Center for Disease Control COVID guidelines, WWP expanded its program offerings to include virtual events and to provide additional financial support."


According to the Wounded Warrior Project (WWP) consolidated audit of September 30, 2020 (Note 13, Implications of COVID-19):

"The spread of COVID is impacting worldwide economic activity and financial markets. Management has considered the consequences of COVID and determined that there is no current material uncertainty identified that would affect its ability to continue its mission of serving warriors and their family support members. However, there is significant uncertainty around the breadth and duration of business disruptions related to COVID, as well as its impact on the U.S. and international economies and, as such, the Organization is unable to determine if it will have a future material negative impact on its operations or financial condition."

According to the Wounded Warrior Project (WWP) tax filing for the fiscal year ended September 30, 2020, WWP reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III):

Regarding nonfixed payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, Line 7):

"Discretionary bonuses are reported on Schedule J, Part II, Column B(ii) ['Bonus & incentive compensation']. Discretionary bonuses for officers, key employees and highly compensated employees are based on objective, individual performance criteria. The CEO's bonus is determined by the board of directors, and all other officer, key employee and highly compensated employee bonuses are determined by the CEO, based on ranges set by the board of directors. Comparability data is used in determining appropriate and reasonable bonus ranges for officers, key employees and highly compensated employees. WWP documents the basis for its bonus determination in meeting minutes or other internal documents, which are prepared at the time bonuses are approved, and reflect the underlying particular bonus determinations."


WWP reports paying "Bonus & incentive compensation" to 14 individuals in calendar year 2019, including $56,002 and $52,483 paid to Michael S. Linnington, Chief Executive Officer, and Jennifer M. Silva, Chief Program Officer, respectively. Their reported total compensation in 2019 is $372,166 and $351,408, respectively. The reported "Bonus & incentive compensation" amounts for the other 12 individuals ranges from $49,983 to $28,690, with associated reported total compensation ranging from $337,078 to $224,427 (IRS Form 990, Schedule J, Part II).


Related External Articles