Aabc Foundation Inc

Analysis

Aabc Foundation Inc is a registered charity in United States, based in Perkiomenvlle, PA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover health care, 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 December 2023, Aabc Foundation Inc reported income of $257k and spending of $390k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $257k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2022, when income rose by 570%. Over the whole period it spent 51% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aabc Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Pregnancy Care Center of MHC ($257k), Caring Hearts Free Clinic of Patrick County Inc ($257k) and A Glimmer of Hope Inc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $2.0m against liabilities of $47k, net assets of $2.0m.