Adamah Inc
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
Where the income comes from
- Contributions & grants 69%
- Program services 30%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lutheran Home | Westlake | $16.4m |
| Mandel Jewish Community Center of the Palm Beaches Inc | Boynton Beach | $16.5m |
| Mission Eurasia | Glen Ellyn | $16.4m |
| Star K Certification Inc | Baltimore | $16.5m |