Addsteam

Analysis

Addsteam is a registered charity in United States, based in Bellflower, CA. It received its IRS tax-exemption ruling in January 2022, 4 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, Addsteam reported income of $93k and spending of $98k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $93k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Addsteam sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Avon Grove Wildcat Youth Football Club ($93k), Cambridge Feeder Football Inc ($93k) and Camp Wilmot Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. At year end it held assets of $6,695 against liabilities of $0, net assets of $6,695.