Adoration Abode Inc

Analysis

Adoration Abode Inc is a registered charity in United States, based in Watertown, WI. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Adoration Abode Inc reported income of $108k and spending of $101k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $108k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Adoration Abode Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within WI. Charities of a similar size with the same main cause include Mental Retardation Community Services of Nassau County-Project ($108k), Watertower Residential Inc ($109k) and Northern Valley Realty Inc ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $204k against liabilities of $65k, net assets of $139k.