Adrian Optimist Community Betterment Foundation Inc
Analysis
Adrian Optimist Community Betterment Foundation Inc is a registered charity in United States, based in Adrian, MO. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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 September 2023, Adrian Optimist Community Betterment Foundation Inc reported income of $77k and spending of $42k, leaving 46% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $84k to $77k (-8.7%), an average of -8.7% a year. Over the whole period it spent 48% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adrian Optimist Community Betterment Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MO. Charities of a similar size with the same main cause include Renaissance Wives Club Inc Child Development Center ($77k), Parent Booster USA Inc ($77k) and Los Angeles African American Womens Public Policy Institute ($77k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Renaissance Wives Club Inc Child Development Center | Dothan | $77k |
| Parent Booster USA Inc | Grapevine | $77k |
| Los Angeles African American Womens Public Policy Institute | Los Angeles | $77k |
| Pampa Community Concert Association Inc | Pampa | $77k |