Adaland Mansion Development Inc

Analysis

Adaland Mansion Development Inc is a registered charity in United States, based in Philippi, WV. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Adaland Mansion Development Inc reported income of $107k and spending of $105k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $82k to $107k (+30%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Adaland Mansion Development Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within WV. Charities of a similar size with the same main cause include Historic Baytowns Arts Culture and Entertainment Council Inc ($107k), Celebrate Nashville ($107k) and Foundation for the Stars ($107k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.