Center for Excellence in Adoption Services Inc

Analysis

Center for Excellence in Adoption Services Inc is a registered charity in United States, based in Rye Brook, NY. It received its IRS tax-exemption ruling in November 2020, 6 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, Center for Excellence in Adoption Services Inc reported income of $745k and spending of $569k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $745k (+1187%), an average of +1187% a year. The sharpest change came in the year to December 2023, when income rose by 1187%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Excellence in Adoption Services Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include PB and J Inc ($745k), Ripley County Transit Inc ($745k) and Relationship Training Institute ($745k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $97k (17% of expenses). Other salaries and wages came to $270k. At year end it held assets of $345k against liabilities of $179k, net assets of $166k. It reported 7 employees.