Adult Enrichment Services of Wilkes

Analysis

Adult Enrichment Services of Wilkes is a registered charity in United States, based in N Wilkesboro, NC. It received its IRS tax-exemption ruling in October 2005, 21 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 December 2023, Adult Enrichment Services of Wilkes reported income of $717k and spending of $643k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $548k to $717k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adult Enrichment Services of Wilkes sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Citilookout ($717k), Family Resource Network Inc ($717k) and Philip Murray House II Inc ($716k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $71k (11% of expenses). Other salaries and wages came to $284k. At year end it held assets of $2.0m against liabilities of $178k, net assets of $1.8m. It reported 12 employees.