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Roaring Adventures Inc

RegisteredEIN 87-1045947Wilsonville, ORHealth and saving lives
Income$440k2023-12
Spending$279ksame year
Spent / received58%2-year average
Size in its cause53rd pctHealth and saving lives
Exempt since2021Publicly supported organisat
Employees1latest return

Analysis

Roaring Adventures Inc is a registered charity in United States, based in Wilsonville, OR. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Roaring Adventures Inc reported income of $440k and spending of $279k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $282k to $440k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Roaring Adventures Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OR. Charities of a similar size with the same main cause include Highlands Foundation Inc ($440k), The Luke Clinic ($440k) and W C Heiam Medical Foundation ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $42k (15% of expenses). At year end it held assets of $352k against liabilities of $0, net assets of $352k. It reported 1 employees.

Income and spending

$0$110k$220k$330k$440k2022 Income: $281,6462022 Spending: $140,66020222023 Income: $439,8642023 Spending: $278,7982023
IncomeSpending

Where the income comes from

  • Contributions & grants 89%
  • Program services 11%

Similar-sized charities, same cause

CharityLocationIncome
Highlands Foundation IncPrestonsburg$440k
The Luke ClinicDetroit$440k
W C Heiam Medical FoundationCook$440k
VWD Connect Foundation IncWellington$440k