Ability Beyond Disability Inc

Analysis

Ability Beyond Disability Inc is a registered charity in United States, based in Bethel, CT. It received its IRS tax-exemption ruling in January 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ability Beyond Disability Inc reported income of $63.4m and spending of $62.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $52.6m to $63.4m (+20%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ability Beyond Disability Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CT. Charities of a similar size with the same main cause include St Hope Foundation Inc ($63.3m), Catholic Hospice Inc ($63.4m) and Lifepath Inc ($63.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.7m (2.7% of expenses). Other salaries and wages came to $37.3m. At year end it held assets of $32.0m against liabilities of $19.0m, net assets of $13.0m. It reported 1,355 employees.