Adaptive Sports for Kids Inc

Analysis

Adaptive Sports for Kids Inc is a registered charity in United States, based in Nederland, TX. It received its IRS tax-exemption ruling in October 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adaptive Sports for Kids Inc reported income of $246k and spending of $106k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $300k to $246k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 41% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Adaptive Sports for Kids Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Border Olympics Inc ($246k), United Parks As One ($246k) and Team Paradise Sailing Inc ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $12k (11% of expenses). At year end it held assets of $678k against liabilities of $218, net assets of $677k.