Adoption Options Inc

Analysis

Adoption Options Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in October 1997, 29 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 December 2023, Adoption Options Inc reported income of $262k and spending of $264k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $238k to $262k (+10%), an average of +10% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adoption Options Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 64th percentile within SC. Charities of a similar size with the same main cause include Mighty Roots Academy ($262k), Indiana State Library Foundation Inc ($262k) and Agape Interfaith Ministries International Inc ($262k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $32k (12% of expenses). At year end it held assets of $59k against liabilities of $682, net assets of $58k.