Adoption Option Inc

Analysis

Adoption Option Inc is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in February 2005, 21 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 December 2023, Adoption Option Inc reported income of $3.0m and spending of $2.8m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.0m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adoption Option Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Ahavas Tzedaka Inc ($3.0m), Blount County Community Action Agency Inc ($3.0m) and Young Womens Christian Assn of St Joseph ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.6m (58% of expenses). At year end it held assets of $1.6m against liabilities of $155k, net assets of $1.4m. It reported 58 employees.