Partners in Adventure Inc

Analysis

Partners in Adventure Inc is a registered charity in United States, based in Essex, VT. It received its IRS tax-exemption ruling in June 2004, 22 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 September 2023, Partners in Adventure Inc reported income of $202k and spending of $158k, leaving 22% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $111k to $202k (+82%), an average of +22% a year. The sharpest change came in the year to September 2023, when income rose by 46%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Partners in Adventure Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 45th percentile within VT. Charities of a similar size with the same main cause include Boulder Mountainbike Alliance ($202k), Nesconset Athletic Association Inc ($202k) and Bike Clark County ($202k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 18% of the total. At year end it held assets of $318k against liabilities of $1,137, net assets of $317k. It reported 16 employees.