Gift of Adoption Fund Inc

Analysis

Gift of Adoption Fund Inc is a registered charity in United States, based in Northbrook, IL. It received its IRS tax-exemption ruling in November 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 (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, Gift of Adoption Fund Inc reported income of $4.2m and spending of $4.0m, spending 94% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $2.4m to $4.2m (+75%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 199%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gift of Adoption Fund Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Gentle Moments ($4.2m), Carriage House Childrens Center Inc ($4.2m) and Jewish Community Care at Home Corporation ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $254k (6.3% of expenses). Other salaries and wages came to $591k. At year end it held assets of $4.6m against liabilities of $1.5m, net assets of $3.1m. It reported 9 employees.