Adams 14 Education Foundation

Analysis

Adams 14 Education Foundation is a registered charity in United States, based in Commerce City, CO. It received its IRS tax-exemption ruling in November 2022, 4 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 June 2023, Adams 14 Education Foundation reported income of $1.0m and spending of $351k, leaving 65% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $295k to $1.0m (+244%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 151%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adams 14 Education Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include Hope Academy for Dyslexics ($1.0m), 3l Place Inc ($1.0m) and Network for the Development of Children of African Descent ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $98k (28% of expenses). At year end it held assets of $1.5m against liabilities of $172k, net assets of $1.3m. It reported 1 employees.