Ade Global Management Systems
Analysis
Ade Global Management Systems is a registered charity in United States, based in National City, CA. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Ade Global Management Systems reported income of $610k and spending of $576k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $833k to $610k (-27%), an average of -7.5% a year. Over the whole period it spent 100% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ade Global Management Systems sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Leader Valley Foundation ($610k), Love-In-Deed Community Development Corporation ($610k) and Junior League of Oklahoma City Okla Incorporated ($609k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 85% of the total. Compensation of current officers, directors and key employees was $35k (6.1% of expenses). Other salaries and wages came to $327k. At year end it held assets of $115k against liabilities of $41k, net assets of $73k. It reported 16 employees.
Income and spending
Where the income comes from
- Program services 85%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Leader Valley Foundation | Cedar Falls | $610k |
| Love-In-Deed Community Development Corporation | Wilmington | $610k |
| Junior League of Oklahoma City Okla Incorporated | Oklahoma City | $609k |
| Pacific Beach Community Development Corp | San Diego | $610k |