Adelante Foundation

Analysis

Adelante Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2002, 24 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, Adelante Foundation reported income of $1.3m and spending of $1.1m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+5.4%), an average of +1.3% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Adelante Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Junior Achievement USA ($1.3m), Surge for Water Inc ($1.3m) and Girls Town or Chadash ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $461k. At year end it held assets of $2.5m against liabilities of $497k, net assets of $2.0m. It reported 1 employees.