Abounding Service Inc

Analysis

Abounding Service Inc is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Abounding Service Inc reported income of $185k and spending of $157k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $146k to $185k (+27%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Abounding Service Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within AZ. Charities of a similar size with the same main cause include Ennis Isd Education Foundation ($185k), Estill County Athletic Foundation for Excellence Inc ($185k) and Yorktown Band Boosters Inc ($185k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $175k against liabilities of $0, net assets of $175k.