Adoption-Share Inc

Analysis

Adoption-Share Inc is a registered charity in United States, based in Brunswick, GA. It received its IRS tax-exemption ruling in August 2014, 12 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, Adoption-Share Inc reported income of $1.3m and spending of $1.1m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $705k to $1.3m (+85%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adoption-Share Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include District of Jasper of the Society of St Vincent Depaul Inc ($1.3m), New Life-Knew Solutions ($1.3m) and St Louis Learning Disabilities Association Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $120k (11% of expenses). Other salaries and wages came to $250k. At year end it held assets of $958k against liabilities of $124k, net assets of $834k. It reported 6 employees.