Sisters of the Adoration Corp

Analysis

Sisters of the Adoration Corp is a registered charity in United States, based in Danielson, CT. It received its IRS tax-exemption ruling in August 2005, 21 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, Sisters of the Adoration Corp reported income of $2.1m and spending of $1.4m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.1m (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sisters of the Adoration Corp sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within CT. Charities of a similar size with the same main cause include Lot318 ($2.1m), Gallatin Valley Young Mens Christian Association Inc ($2.1m) and St Andrews Church-Mt Pleasant Land TR ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 70% of the total. At year end it held assets of $2.9m against liabilities of $50k, net assets of $2.8m.