Adhesion Society Incorporated

Analysis

Adhesion Society Incorporated is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in November 1979, 47 years ago. 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, Adhesion Society Incorporated reported income of $295k and spending of $207k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $193k to $295k (+53%), an average of +53% a year. The sharpest change came in the year to June 2024, when income rose by 53%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adhesion Society Incorporated sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Thrift Shop of Fruita Inc ($294k), Elizabeths Hope Pregnancy Resources ($295k) and J127 Ministry Inc ($294k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $236k against liabilities of $0, net assets of $236k.