Adopt-A-Classroom Inc

Analysis

Adopt-A-Classroom Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1999, 27 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 June 2023, Adopt-A-Classroom Inc reported income of $8.2m and spending of $7.2m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.6m to $8.2m (+77%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adopt-A-Classroom Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Tbca Inc ($8.2m), Aspen Ridge School ($8.2m) and Darrow School ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $183k (2.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $9.0m against liabilities of $365k, net assets of $8.7m. It reported 22 employees.