Adoption Network Cleveland

Analysis

Adoption Network Cleveland is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in May 1991, 35 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 September 2023, Adoption Network Cleveland reported income of $636k and spending of $899k, spending 141% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $921k to $636k (-31%), an average of -8.8% a year. The sharpest change came in the year to September 2023, when income dropped by 23%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adoption Network Cleveland sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Upper Midwest American Indian Center ($636k), Harrington Senior Center Inc ($636k) and Elder-Aid ($636k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $109k (12% of expenses). Other salaries and wages came to $450k. At year end it held assets of $2.4m against liabilities of $119k, net assets of $2.3m. It reported 11 employees.