Adoption Solutions of Maine
Analysis
Adoption Solutions of Maine is a registered charity in United States, based in Tucson, AZ. 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, Adoption Solutions of Maine reported income of $153k and spending of $163k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $239k to $153k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 105% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adoption Solutions of Maine sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within AZ. Charities of a similar size with the same main cause include Fitkids360 ($153k), Up and Running Again ($153k) and Hear Me Now Inc ($153k).
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 $64k (39% of expenses). At year end it held assets of $1,266 against liabilities of $1,318, net assets of -$52. It reported 1 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fitkids360 | Grand Rapids | $153k |
| Up and Running Again | Orange | $153k |
| Hear Me Now Inc | Portland | $153k |
| Gemach Abg Inc | Lakewood | $153k |