Dave Thomas Foundation for Adoption

Analysis

Dave Thomas Foundation for Adoption is a registered charity in United States, based in Dublin, OH. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2024, Dave Thomas Foundation for Adoption reported income of $56.1m and spending of $44.6m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $28.2m to $56.1m (+99%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dave Thomas Foundation for Adoption sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Senior Housing Assistance Group ($56.1m), LA Clinica Del Valle Family Health Care Center Inc ($56.1m) and Museum of the Bible Inc ($56.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $1.7m (3.8% of expenses). Other salaries and wages came to $5.2m. It paid $1.8m in professional fundraising fees. At year end it held assets of $107.3m against liabilities of $7.1m, net assets of $100.3m. It reported 73 employees.