Adei Foundation Inc

Analysis

Adei Foundation Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Adei Foundation Inc reported income of $68k and spending of $180k, spending 266% of what it took in. Across the 2 years on record, from December 2021 to December 2023, income fell from $80k to $68k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 199% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Adei Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Zoe-Geh Foundation ($67k), Friends of Childrens Village ($68k) and Missions in the Amazon Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $314k, net assets of -$283k.