Adoption Dreams Come True Inc

Analysis

Adoption Dreams Come True Inc is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in July 2006, 20 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, Adoption Dreams Come True Inc reported income of $398k and spending of $396k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $348k to $398k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adoption Dreams Come True Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Celestial Love Foundation Inc ($398k), Integrated Recovery Network ($398k) and Virginia Coalition for Immigrant Rights Inc ($398k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $147k (37% of expenses). Other salaries and wages came to $128k. At year end it held assets of $278k against liabilities of $11k, net assets of $267k. It reported 9 employees.