Gladney Center for Adoption

Analysis

Gladney Center for Adoption is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 2008, 18 years ago. 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 August 2023, Gladney Center for Adoption reported income of $118k and spending of $118k, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $196k to $118k (-40%), an average of -12% a year. The sharpest change came in the year to August 2022, when income rose by 94%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gladney Center for Adoption sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Friends of Mississippi Veterans ($118k), Society for Airway Management ($118k) and Gods House of Prayer & Deliverance Holiness Church ($118k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 80% and program service revenue 2.4% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.