Adoptions with Love Inc

Analysis

Adoptions with Love Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adoptions with Love Inc reported income of $2.4m and spending of $2.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.4m (+6.0%), an average of +1.5% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adoptions with Love Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Friends Association for Children ($2.4m), Heart for Winter Haven ($2.4m) and Highline Area Food Bank ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $236k (11% of expenses). Other salaries and wages came to $321k. At year end it held assets of $5.8m against liabilities of $72k, net assets of $5.7m. It reported 8 employees.