Adaptive Expeditions

Analysis

Adaptive Expeditions is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in February 2013, 13 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 December 2023, Adaptive Expeditions reported income of $182k and spending of $138k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $182k (+268%), an average of +268% a year. The sharpest change came in the year to December 2023, when income rose by 268%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Adaptive Expeditions sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 57th percentile within SC. Charities of a similar size with the same main cause include Friends of the Spanish Moss Rail Trail ($182k), Thurston Junior Cheer ($182k) and Los Banos-Westside Youth Football ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.