906 Adventure Team

Analysis

906 Adventure Team is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, 906 Adventure Team reported income of $919k and spending of $667k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $919k (+183%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, 906 Adventure Team sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Ohuddle Incorporated ($918k), Girls Place Inc ($920k) and Boys & Girls Clubs of the Diamond Hills ($918k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $91k (14% of expenses). Other salaries and wages came to $48k. At year end it held assets of $1.6m against liabilities of $981k, net assets of $622k. It reported 3 employees.