Admissionsquad Inc

Analysis

Admissionsquad Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Admissionsquad Inc reported income of $157k and spending of $180k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $274k to $157k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Admissionsquad Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Gerard and Wanda Brunet Foundation ($157k), Tradart Foundation ($157k) and LA Famiglia Preschool ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. At year end it held assets of $232k against liabilities of $0, net assets of $232k.