A D E P T Programs Inc

Analysis

A D E P T Programs Inc is a registered charity in United States, based in Browns Mills, NJ. It received its IRS tax-exemption ruling in February 1979, 47 years ago. 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, A D E P T Programs Inc reported income of $3.6m and spending of $3.5m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.6m (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A D E P T Programs Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Elijah House Academy ($3.6m), Lsu Alumni Association ($3.6m) and Monocacy Montessori Community Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $239k (6.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.4m against liabilities of $183k, net assets of $1.3m. It reported 55 employees.