Adaptive Sports Foundation Inc

Analysis

Adaptive Sports Foundation Inc is a registered charity in United States, based in Windham, NY. It received its IRS tax-exemption ruling in June 2000, 26 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 (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 Sports Foundation Inc reported income of $1.7m and spending of $1.5m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $1.7m (+13%), an average of +4.1% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Adaptive Sports Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Camp Gray Inc ($1.7m), Crescent City Fitness Foundation Inc ($1.7m) and Sarasota Sharks Incorporated ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $116k (7.6% of expenses). Other salaries and wages came to $398k. At year end it held assets of $8.6m against liabilities of $800k, net assets of $7.8m. It reported 10 employees.