Human Adventure Corporation

Analysis

Human Adventure Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1994, 32 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 December 2023, Human Adventure Corporation reported income of $1.7m and spending of $1.5m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $869k to $1.7m (+91%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Human Adventure Corporation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Omaha Hockey Club a Nebraska Nonprofit Corporation ($1.7m), Peninsula Golf Association Inc ($1.7m) and Happiness Is Camping Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $77k (5.1% of expenses). Other salaries and wages came to $69k. At year end it held assets of $272k against liabilities of $4,821, net assets of $267k. It reported 5 employees.