The American Adventure Service Corps

Analysis

The American Adventure Service Corps is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2024, The American Adventure Service Corps reported income of $336k and spending of $313k, spending 93% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $516k to $336k (-35%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 40%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The American Adventure Service Corps sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($336k), Green Bay Area Youth Hockey Association Inc ($336k) and Orleans Athletic Association Inc ($336k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Other salaries and wages came to $199k. At year end it held assets of $174k against liabilities of $62k, net assets of $113k. It reported 25 employees.