Therapeutic Adventures Inc

Analysis

Therapeutic Adventures Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in May 2007, 19 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, Therapeutic Adventures Inc reported income of $98k and spending of $92k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $153k to $98k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Therapeutic Adventures Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Paynter Senior Center Inc ($98k), North State Distric Council ($98k) and Revive Liberia Missions Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. At year end it held assets of $97k against liabilities of $2,777, net assets of $94k.