Adler Graduate School

Analysis

Adler Graduate School is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in October 1970, 56 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 2023, Adler Graduate School reported income of $3.9m and spending of $4.1m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.0m to $3.9m (-3.9%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income dropped by 17%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adler Graduate School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Charlie Brown Community Day Care Center ($3.9m), Center for Transformative Action ($3.9m) and Triangle Family Services Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $279k (6.8% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $7.0m against liabilities of $2.4m, net assets of $4.6m. It reported 36 employees.