Youth Exploring Adventure Inc

Analysis

Youth Exploring Adventure Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in September 1994, 32 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 April 2024, Youth Exploring Adventure Inc reported income of $4.4m and spending of $3.9m, spending 90% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $1.3m to $4.4m (+232%), an average of +35% a year. The sharpest change came in the year to April 2021, when income rose by 110%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youth Exploring Adventure Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within AK. Charities of a similar size with the same main cause include Heritage Area Agency on Aging ($4.4m), Gibault Care Inc ($4.4m) and Young Mens Christian Association Camp Belknap ($4.4m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 3.9% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $115k (2.9% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.6m against liabilities of $377k, net assets of $3.3m. It reported 280 employees.