Adjoin

Analysis

Adjoin is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. 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, Adjoin reported income of $22.4m and spending of $23.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.9m to $22.4m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adjoin sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Third Street Community Clinic Inc ($22.4m), Fetter Health Care Network Inc ($22.5m) and Alabama Goodwill Industries Inc ($22.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $455k (2.0% of expenses). Other salaries and wages came to $11.0m. At year end it held assets of $10.5m against liabilities of $3.1m, net assets of $7.4m. It reported 420 employees.