Adventure Risk Challenge

Analysis

Adventure Risk Challenge is a registered charity in United States, based in Truckee, CA. It received its IRS tax-exemption ruling in February 2015, 11 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, Adventure Risk Challenge reported income of $893k and spending of $871k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $466k to $893k (+91%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Adventure Risk Challenge sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Boys & Girls Club of Las Cruces Inc ($893k), Rock Tree Sky ($893k) and Bridges Outreach Inc ($892k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $148k (17% of expenses). Other salaries and wages came to $429k. At year end it held assets of $549k against liabilities of $7,995, net assets of $541k. It reported 18 employees.