Adventure Project Corp

Analysis

Adventure Project Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 October 2023, Adventure Project Corp reported income of $630k and spending of $511k, spending 81% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $433k to $630k (+45%), an average of +9.8% a year. The sharpest change came in the year to October 2021, when income rose by 33%. Over the whole period it spent 128% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Adventure Project Corp 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 74th percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Rescue 1 Global ($629k), Variety-The Childrens Charity International ($630k) and Kageno Worldwide Inc ($629k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $275k (54% of expenses). At year end it held assets of $40k against liabilities of $315k, net assets of -$275k. It reported 4 employees.