Ace Adventure Club

Analysis

Ace Adventure Club is a registered charity in United States, based in Hillsville, VA. It received its IRS tax-exemption ruling in December 2019, 7 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 (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, Ace Adventure Club reported income of $57k and spending of $20k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $170k to $57k (-66%), an average of -66% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 10% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ace Adventure Club sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Girls on the Run of Columbia ($57k), Almaden Valley Womans Club ($57k) and Viking Football Booster Club ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. At year end it held assets of $208k against liabilities of $1,020, net assets of $207k.