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You Gotta Believe the Older Child Adoption & Permanency Movement

RegisteredEIN 11-3272603New York, NYPoverty relief
Income$1.9m2023-06
Spending$2.2msame year
Spent / received82%5-year average
Size in its cause82nd pctPoverty relief
Exempt since1996Publicly supported organisat
Employees28latest return

Analysis

You Gotta Believe the Older Child Adoption & Permanency Movement is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1996, 30 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 June 2023, You Gotta Believe the Older Child Adoption & Permanency Movement reported income of $1.9m and spending of $2.2m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.9m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 155%. 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, You Gotta Believe the Older Child Adoption & Permanency Movement sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Loreto House ($1.9m), Rock River Valley Pantry ($1.9m) and Early Childhood Center Inc of West Market United Methodist Church ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $228k (10% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.8m against liabilities of $411k, net assets of $3.4m. It reported 28 employees.

Income and spending

$0$890k$1.8m$2.7m$3.6m2019 Income: $1,468,7972019 Spending: $1,228,61920192020 Income: $1,518,8732020 Spending: $1,290,35520202021 Income: $1,398,4162021 Spending: $1,527,37220212022 Income: $3,561,6012022 Spending: $1,781,88520222023 Income: $1,880,2902023 Spending: $2,195,8052023
IncomeSpending

Where the income comes from

  • Contributions & grants 83%
  • Program services 0.7%
  • Other 17%

Similar-sized charities, same cause

CharityLocationIncome
Loreto HouseDenton$1.9m
Rock River Valley PantryRockford$1.9m
Early Childhood Center Inc of West Market United Methodist ChurchGreensboro$1.9m
MuhsenOak Brook$1.9m