K2 Adventures Foundation

Analysis

K2 Adventures Foundation is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, K2 Adventures Foundation reported income of $1.2m and spending of $1.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.2m (+3.2%), an average of +0.8% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, K2 Adventures Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within AZ. Charities of a similar size with the same main cause include For the Kingdom Inc ($1.2m), Camp Horseability Inc ($1.2m) and Roundtable of St Lucie County Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $253k (21% of expenses). Other salaries and wages came to $42k. At year end it held assets of $848k against liabilities of $97k, net assets of $751k. It reported 4 employees.