Adas Cafe

Analysis

Adas Cafe is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in April 2012, 14 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adas Cafe reported income of $851k and spending of $909k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $825k to $851k (+3.2%), an average of +0.8% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Adas Cafe sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Microbusiness Advancement Center of Southern Arizona ($851k), Actuate Boise Inc ($851k) and Michigan Street African American Heritage Corridor Commission Inc ($850k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 151% of the total. Compensation of current officers, directors and key employees was $200k (22% of expenses). Other salaries and wages came to $50k. At year end it held assets of $965k against liabilities of $101k, net assets of $864k. It reported 37 employees.