Adoption Advocates Inc

Analysis

Adoption Advocates Inc is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in December 1991, 35 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 June 2023, Adoption Advocates Inc reported income of $689k and spending of $646k, spending 94% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $704k to $689k (-2.1%), an average of -0.7% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adoption Advocates Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Bridges NJ Inc ($689k), Hearts for Homes ($689k) and Love Lived Charity Inc ($689k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $252k (39% of expenses). At year end it held assets of $1.4m against liabilities of $666k, net assets of $685k. It reported 2 employees.