Adventures in Caring Foundation

Analysis

Adventures in Caring Foundation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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, Adventures in Caring Foundation reported income of $74k and spending of $93k, spending 125% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $137k to $74k (-46%), an average of -46% a year. The sharpest change came in the year to June 2023, when income dropped by 46%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adventures in Caring Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Wilmington Area Intergroup Association Inc ($74k), PTA Missouri Congress ($74k) and North American Trail Ride Conference Inc ($74k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. At year end it held assets of $111k against liabilities of $10k, net assets of $100k.