Adapt Movement Inc

Analysis

Adapt Movement Inc is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in April 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, Adapt Movement Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $613k to $1.1m (+85%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adapt Movement Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Generous Life Foundation ($1.1m), Community of Bosniaks Georgia Inc ($1.1m) and Sweetwater Foundation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 54% of the total. Other salaries and wages came to $482k. At year end it held assets of $136k against liabilities of $20k, net assets of $116k. It reported 9 employees.