Intercountry Adoption Accreditation and Maintenance Entity Inc

Analysis

Intercountry Adoption Accreditation and Maintenance Entity Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in October 2018, 8 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 June 2023, Intercountry Adoption Accreditation and Maintenance Entity Inc reported income of $945k and spending of $1.2m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $945k (-48%), an average of -15% a year. The sharpest change came in the year to June 2023, when income dropped by 36%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Intercountry Adoption Accreditation and Maintenance Entity Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include North Light Community Center ($945k), St Marys Early Childhood Learning Center ($946k) and Oaks Village ($945k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $118k (10% of expenses). Other salaries and wages came to $475k. At year end it held assets of $720k against liabilities of $192k, net assets of $529k. It reported 13 employees.