Caring Adoptions
Analysis
Caring Adoptions is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 1990, 36 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, Caring Adoptions reported income of $649k and spending of $531k, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $597k to $649k (+8.7%), an average of +1.7% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 86% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caring Adoptions sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Global Newborn Solutions Inc ($649k), Sandy Bay Lighthouse Ministries Inc ($650k) and Trinity Charities Inc ($649k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $77k (14% of expenses). Other salaries and wages came to $94k. At year end it held assets of $393k against liabilities of $4,825, net assets of $388k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.6%
- Program services 87%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Global Newborn Solutions Inc | Belmont | $649k |
| Sandy Bay Lighthouse Ministries Inc | Deridder | $650k |
| Trinity Charities Inc | Schaumburg | $649k |
| Supporting Kids Foundation | Lenexa | $650k |