Adoption Advocates Inc

Analysis

Adoption Advocates Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 1993, 33 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 December 2023, Adoption Advocates Inc reported income of $495k and spending of $496k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $442k to $495k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 40%. 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, Adoption Advocates Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Community Care Thrift Store Inc ($495k), Stepping Stones ($495k) and Goodwill Industries of the Southern Piedmont FDN ($495k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $114k (23% of expenses). Other salaries and wages came to $102k. At year end it held assets of $911k against liabilities of $537k, net assets of $374k. It reported 4 employees.