Wilkes Adult Developmental Activity Program Inc
Analysis
Wilkes Adult Developmental Activity Program Inc is a registered charity in United States, based in N Wilkesboro, NC. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover employment, which this site groups under community and economic 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 June 2023, Wilkes Adult Developmental Activity Program Inc reported income of $329k and spending of $351k, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $484k to $329k (-32%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 22%. Over the whole period it spent 91% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Wilkes Adult Developmental Activity Program Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Venice Main St Inc ($328k), 100 Black Men of Greater Mobile Inc ($329k) and Oak Hill Collaborative Inc ($328k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $109k (31% of expenses). Other salaries and wages came to $131k. At year end it held assets of $298k against liabilities of $29k, net assets of $269k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 21%
- Program services 58%
- Other 21%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Venice Main St Inc | Venice | $328k |
| 100 Black Men of Greater Mobile Inc | Mobile | $329k |
| Oak Hill Collaborative Inc | Youngstown | $328k |
| Kindwork | Brooklyn | $329k |