Adaptive Design Association Inc

Analysis

Adaptive Design Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2001, 25 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 June 2023, Adaptive Design Association Inc reported income of $948k and spending of $716k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $645k to $948k (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adaptive Design Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Our Lady of Mercy Senior Manor Housing Development Fund Corporati ($948k), Missions for the Nations Ministry ($948k) and Lake Cumberland Childrens Advocacy Center ($948k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $101k (14% of expenses). Other salaries and wages came to $317k. At year end it held assets of $887k against liabilities of $393k, net assets of $494k. It reported 7 employees.