Adc Research Institute

Analysis

Adc Research Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1982, 44 years ago. 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, Adc Research Institute reported income of $773k and spending of $585k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $669k to $773k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 235%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adc Research Institute sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 50th percentile within DC. Charities of a similar size with the same main cause include Community & Youth Involved Inc ($773k), River Park Elderly Housing Inc River Park Elderly Housing Inc ($773k) and Carolina Christian College Inc ($773k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $58k (9.9% of expenses). Other salaries and wages came to $82k. At year end it held assets of $409k against liabilities of $423k, net assets of -$13k.