Forever Adventure

Analysis

Forever Adventure is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Forever Adventure reported income of $117k and spending of $77k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $117k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Forever Adventure sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Visiting Angels Foundation ($117k), Green Meadow Farm ($117k) and Gateway Landing ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.