Celebrity Adventures Inc

Analysis

Celebrity Adventures Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2016, 10 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, Celebrity Adventures Inc reported income of $6.0m and spending of $4.5m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $6.0m (+247%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 7758%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Celebrity Adventures Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within AZ. Charities of a similar size with the same main cause include Pocono Services for Families and Children Inc ($6.0m), Agudath Israel of America Community ($6.0m) and Trusted World Foundation Inc ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 175% of the total. Compensation of current officers, directors and key employees was $588k (13% of expenses). Other salaries and wages came to $184k. At year end it held assets of $2.3m against liabilities of $920k, net assets of $1.4m. It reported 2 employees.