Adult Life Programs Inc

Analysis

Adult Life Programs Inc is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, Adult Life Programs Inc reported income of $1.4m and spending of $1.6m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $1.4m (-23%), an average of -6.5% a year. The sharpest change came in the year to June 2022, when income dropped by 18%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adult Life Programs Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Solo Parent Society ($1.4m), Open Door Adoption Agency Inc ($1.4m) and Sitike ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. Other salaries and wages came to $923k. At year end it held assets of $1.0m against liabilities of $58k, net assets of $959k. It reported 40 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.