Abilis Inc

Analysis

Abilis Inc is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in June 1954, 72 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Abilis Inc reported income of $33.8m and spending of $33.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.1m to $33.8m (+61%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 17%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Abilis Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CT. Charities of a similar size with the same main cause include Betances Health Center ($33.8m), Prymed Medical Care Inc ($33.9m) and Westchester Jewish Community Services Inc ($33.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $656k (2.0% of expenses). Other salaries and wages came to $19.7m. At year end it held assets of $23.5m against liabilities of $13.1m, net assets of $10.4m. It reported 575 employees.