Advantage Adoptions - Ococ

Analysis

Advantage Adoptions - Ococ is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Advantage Adoptions - Ococ reported income of $602k and spending of $595k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $612k to $602k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 82%. 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, Advantage Adoptions - Ococ sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Wheeler Area Activities and Improvement Council Inc ($601k), Community Volunteer Network ($602k) and Arc Greater Columbia County ($601k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $85k (14% of expenses). Other salaries and wages came to $156k. At year end it held assets of $67k against liabilities of $34k, net assets of $33k. It reported 6 employees.