Flourish Adoption Ministries Inc

Analysis

Flourish Adoption Ministries Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Flourish Adoption Ministries Inc reported income of $619k and spending of $590k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $652k to $619k (-5.0%), an average of -1.3% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Flourish Adoption Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within SC. Charities of a similar size with the same main cause include Norwood Public School Parent Teacher Organization Inc ($619k), Ridgewood School Incorporated ($619k) and Nova Workforce Institute of Northeast Louisiana Inc ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $122k (21% of expenses). Other salaries and wages came to $144k. At year end it held assets of $312k against liabilities of $53k, net assets of $259k. It reported 7 employees.