I-Adarp Inc

Analysis

I-Adarp Inc is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in February 1974, 52 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 June 2023, I-Adarp Inc reported income of $1.1m and spending of $1.0m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $494k to $1.1m (+116%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, I-Adarp Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Rocky Mountain Tissue Bank ($1.1m), Baltimore Leadership Development Organization Inc ($1.1m) and Newark Center for Creative Learning Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $589k. At year end it held assets of $836k against liabilities of $465k, net assets of $372k. It reported 13 employees.