Gold Star Teen Adventures

Analysis

Gold Star Teen Adventures is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in December 2013, 13 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, Gold Star Teen Adventures reported income of $1.1m and spending of $810k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $601k to $1.1m (+90%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 155%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gold Star Teen Adventures sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Eden Centers ($1.1m), Heartland Baptist Mission ($1.1m) and Housing Options & Planning Enterprises Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $91k (11% of expenses). At year end it held assets of $1.8m against liabilities of $19k, net assets of $1.8m. It reported 2 employees.