Radnor Abc Inc

Analysis

Radnor Abc Inc is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in November 1972, 54 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, Radnor Abc Inc reported income of $230k and spending of $235k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $165k to $230k (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2021, when income rose by 75%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Radnor Abc Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Cj3 Foundation ($230k), Foster Parents Association of Washington State ($230k) and Ecosystems of Care ($230k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $25k (11% of expenses). Other salaries and wages came to $11k. At year end it held assets of $704k against liabilities of $0, net assets of $704k. It reported 1 employees.