Abigail Adams Institute Inc

Analysis

Abigail Adams Institute Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Abigail Adams Institute Inc reported income of $2.1m and spending of $3.4m, spending 160% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $2.1m (+86%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 339%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Abigail Adams Institute Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MA. Charities of a similar size with the same main cause include Childrens Kiva Montessori Charter School ($2.1m), Tobinworld ($2.1m) and 826la ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $177k (5.2% of expenses). Other salaries and wages came to $148k. At year end it held assets of $6.5m against liabilities of $222k, net assets of $6.3m. It reported 11 employees.