Adoption Center

Analysis

Adoption Center is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1976, 50 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, Adoption Center reported income of $500k and spending of $560k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $652k to $500k (-23%), an average of -6.4% a year. The sharpest change came in the year to June 2023, when income dropped by 33%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adoption Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Associated Builders & Contractors of Hawaii Educational TR 070190 ($500k), Habitat for Humanity International Inc ($500k) and Kansas City Kansas School Foundation for Excellence ($500k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $153k (27% of expenses). Other salaries and wages came to $143k. At year end it held assets of $969k against liabilities of $68k, net assets of $901k. It reported 8 employees.