Families Through Adoption Inc
Analysis
Families Through Adoption Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Families Through Adoption Inc reported income of $141k and spending of $165k, spending 117% of what it took in. Across the 3 years on record, from September 2019 to September 2023, income grew from $85k to $141k (+66%), an average of +29% a year. The sharpest change came in the year to September 2022, when income rose by 89%. Over the whole period it spent 106% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Through Adoption Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within MI. Charities of a similar size with the same main cause include Concern Inc ($141k), Naperville Womans Club ($141k) and Spice Field Kitchens Inc ($141k).
On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. At year end it held assets of $54k against liabilities of $21k, net assets of $33k.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 83%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Concern Inc | Mound City | $141k |
| Naperville Womans Club | Naperville | $141k |
| Spice Field Kitchens Inc | Cleveland | $141k |
| Resource Center Apartments | Springfield | $141k |