Great Wall China Adoption Inc
Analysis
Great Wall China Adoption Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 2017, 9 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, Great Wall China Adoption Inc reported income of $1.1m and spending of $1.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $1.1m (-57%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 62% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Great Wall China Adoption Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Take the Next Step ($1.1m), Kahrizak Foundation ($1.1m) and Jewish Child and Family Services Endowment Foundation ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $221k (22% of expenses). Other salaries and wages came to $185k. At year end it held assets of $31.2m against liabilities of $223k, net assets of $31.0m. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.7%
- Program services 83%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Take the Next Step | Monroe | $1.1m |
| Kahrizak Foundation | Saratoga | $1.1m |
| Jewish Child and Family Services Endowment Foundation | Chicago | $1.1m |
| Marthas Vineyard Center for Living Inc | Vineyard HVN | $1.1m |