Abilene Palm House Inc

Analysis

Abilene Palm House Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 September 2023, Abilene Palm House Inc reported income of $135k and spending of $119k, spending 88% of its income. Across the 3 years on record, from September 2021 to September 2023, income fell from $221k to $135k (-39%), an average of -22% a year. The sharpest change came in the year to September 2022, when income dropped by 40%. Over the whole period it spent 78% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Abilene Palm House Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Slatington Volunteer Fire Department Inc ($135k), Community Fire Company of Forks Township ($135k) and Southwest Virginia Partnership Inc ($135k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $165k against liabilities of $1,179, net assets of $164k.