Adventure Unlimited

Analysis

Adventure Unlimited is a registered charity in United States, based in Greenwood VLG, CO. It received its IRS tax-exemption ruling in May 1964, 62 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 January 2024, Adventure Unlimited reported income of $8.9m and spending of $8.5m, spending 96% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $7.6m to $8.9m (+16%), an average of +3.8% a year. The sharpest change came in the year to January 2023, when income rose by 48%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Adventure Unlimited sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Keewaydin Foundation ($8.9m), City Squash Inc ($8.9m) and Junior Tennis Champions Center Inc ($8.8m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 75% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $480k (5.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $26.2m against liabilities of $405k, net assets of $25.8m. It reported 173 employees.