Adaptive Training Foundation

Analysis

Adaptive Training Foundation is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Training Foundation reported income of $2.1m and spending of $1.5m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.1m (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adaptive Training Foundation 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 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Ohio County & Independent Agricultural Societies ($2.1m), Community Resources and Services for Children Inc ($2.1m) and Linnea Residential Home Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $70k (4.7% of expenses). Other salaries and wages came to $370k. At year end it held assets of $2.5m against liabilities of $59k, net assets of $2.4m. It reported 9 employees.