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Adamah Inc

RegisteredEIN 43-2080719Reisterstown, MDReligion
Income$16.5m2023-12
Spending$14.0msame year
Spent / received76%6-year average
Size in its cause99th pctReligion
Exempt since2006Publicly supported organisat
Employees210latest return

Analysis

Adamah Inc is a registered charity in United States, based in Reisterstown, MD. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Adamah Inc reported income of $16.5m and spending of $14.0m, spending 85% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $7.0m to $16.5m (+135%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 380%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Adamah Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Lutheran Home ($16.4m), Mandel Jewish Community Center of the Palm Beaches Inc ($16.5m) and Mission Eurasia ($16.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $774k (5.5% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $24.4m against liabilities of $5.9m, net assets of $18.6m. It reported 210 employees.

Income and spending

$0$4.1m$8.2m$12.3m$16.5m2019 Income: $6,998,6152019 Spending: $5,138,08920192020 Income: $6,149,7612020 Spending: $5,313,98320202021 Income: $5,120,8272021 Spending: $3,890,94720212022 Income: $11,194,0552022 Spending: $5,551,64320222022 Income: $3,429,7762022 Spending: $3,509,74520222023 Income: $16,461,9062023 Spending: $13,987,7872023
IncomeSpending

Where the income comes from

  • Contributions & grants 69%
  • Program services 30%
  • Other 1.4%

Similar-sized charities, same cause

CharityLocationIncome
Lutheran HomeWestlake$16.4m
Mandel Jewish Community Center of the Palm Beaches IncBoynton Beach$16.5m
Mission EurasiaGlen Ellyn$16.4m
Star K Certification IncBaltimore$16.5m