Adopt a Class Endowment Fund

Analysis

Adopt a Class Endowment Fund is a registered charity in United States, based in Cincinnati, OH. 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Adopt a Class Endowment Fund reported income of $196k and spending of $106k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $61k to $196k (+220%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 145%. Over the whole period it spent 26% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adopt a Class Endowment Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include American Student Association of Community Colleges ($196k), Central Florida Women League Foundation Inc ($196k) and Alabama Afl-Cio Labor Institute for Training Inc ($196k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.