Start the Adventure in Reading Stair Annapolis

Analysis

Start the Adventure in Reading Stair Annapolis is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Start the Adventure in Reading Stair Annapolis reported income of $371k and spending of $305k, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $214k to $371k (+74%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Start the Adventure in Reading Stair Annapolis sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Carquinez Womens Club ($371k), Emmaus University of Haiti ($371k) and Irish Fellowship Educational & Cultural Foundation ($371k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $327k against liabilities of $5,000, net assets of $322k. It reported 3 employees.