Adventure of Childhood Inc

Analysis

Adventure of Childhood Inc is a registered charity in United States, based in Westlake VLG, CA. It received its IRS tax-exemption ruling in October 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adventure of Childhood Inc reported income of $1.2m and spending of $1.2m, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $936k to $1.2m (+25%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Adventure of Childhood Inc sits at the 87th percentile: it is larger than about 87% 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 Friends for Youth Inc ($1.2m), Interalliance of Greater Cincinnati ($1.2m) and Providence Youth Student Movement ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $300k (25% of expenses). Other salaries and wages came to $292k. At year end it held assets of $161k against liabilities of $2,400, net assets of $159k. It reported 58 employees.