Adaptive Communities Inc
Analysis
Adaptive Communities Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Adaptive Communities Inc reported income of $476k and spending of $493k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $207k to $476k (+130%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 102% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adaptive Communities Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within WI. Charities of a similar size with the same main cause include Solutions for Urban Agriculture ($476k), High Plains Indians Inc ($476k) and Teachers Desk Inc ($476k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $279k. At year end it held assets of $28k against liabilities of $25k, net assets of $3,048. It reported 12 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.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Solutions for Urban Agriculture | Irvine | $476k |
| High Plains Indians Inc | Virgilina | $476k |
| Teachers Desk Inc | Buffalo | $476k |
| United Way of Lee County Inc | Dixon | $476k |