Adoption Options

Analysis

Adoption Options is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 1983, 43 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, Adoption Options reported income of $1.4m and spending of $1.6m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.4m (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adoption Options sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Home and Environments for Living and Programs Inc ($1.4m), Enact Inc ($1.4m) and Mitchell Thorp Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $100k (6.2% of expenses). Other salaries and wages came to $678k. At year end it held assets of $821k against liabilities of $202k, net assets of $619k. It reported 21 employees.