Adoption Choices Inc
Analysis
Adoption Choices Inc is a registered charity in United States, based in Golden, CO. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Adoption Choices Inc reported income of $2.8m and spending of $3.0m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $2.8m (-16%), an average of -4.3% a year. Over the whole period it spent 100% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adoption Choices Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Safehouse Denver Inc ($2.8m), The Livestock Institute of Southern New England Inc ($2.8m) and A Sense of Home ($2.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $265k (8.9% of expenses). Other salaries and wages came to $749k. At year end it held assets of $916k against liabilities of $396k, net assets of $520k. It reported 26 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.3%
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Safehouse Denver Inc | Denver | $2.8m |
| The Livestock Institute of Southern New England Inc | Westport | $2.8m |
| A Sense of Home | Hawthorne | $2.8m |
| West Central Nebraska Area Agency | North Platte | $2.8m |