Adaptive Alliance Inc

Analysis

Adaptive Alliance Inc is a registered charity in United States, based in Beloit, WI. It received its IRS tax-exemption ruling in May 2019, 7 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, Adaptive Alliance Inc reported income of $324k and spending of $341k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $288k to $324k (+13%), an average of +6.1% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adaptive Alliance Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Reynolds County Sheltered Workshop ($324k), Neighbors Helping Neighbors of Amherst County Inc ($324k) and At Home in Greenwich Inc ($324k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (9.4% of expenses). Other salaries and wages came to $180k. At year end it held assets of $263k against liabilities of $177k, net assets of $85k. It reported 8 employees.