Adelbrook Inc

Analysis

Adelbrook Inc is a registered charity in United States, based in Cromwell, CT. It received its IRS tax-exemption ruling in May 2026. 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 June 2023, Adelbrook Inc reported income of $33.4m and spending of $28.1m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.4m to $33.4m (+18%), an average of +4.1% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adelbrook Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CT. Charities of a similar size with the same main cause include Life Concepts Inc ($33.4m), Union Station Homeless Services ($33.4m) and Peconic Landing at Southold Inc ($33.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $881k (3.1% of expenses). Other salaries and wages came to $16.8m. At year end it held assets of $37.9m against liabilities of $9.9m, net assets of $28.0m. It reported 670 employees.