Adams Endowment Fund Inc

Analysis

Adams Endowment Fund Inc is a registered charity in United States, based in Sterling, VA. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adams Endowment Fund Inc reported income of $59k and spending of $5,508, leaving 91% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $131k to $59k (-55%), an average of -18% a year. The sharpest change came in the year to December 2020, when income rose by 307%. Over the whole period it spent 1.7% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Adams Endowment Fund Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include International Logos Ministries Inc ($59k), Trinity Foundation ($59k) and Onesimus Ministries Inc ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $8.2m against liabilities of $700k, net assets of $7.5m.