Verdun Adventure Bound Inc

Analysis

Verdun Adventure Bound Inc is a registered charity in United States, based in Rixeyville, VA. It received its IRS tax-exemption ruling in February 2000, 26 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, Verdun Adventure Bound Inc reported income of $552k and spending of $578k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $628k to $552k (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Verdun Adventure Bound Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Workshop Houston ($552k), Starlet Academy a NJ Nonprofit Corporation ($552k) and Seen and Heard ($551k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Other salaries and wages came to $340k. At year end it held assets of $1.7m against liabilities of $175, net assets of $1.7m. It reported 26 employees.