Our Ability Alliance Inc

Analysis

Our Ability Alliance Inc is a registered charity in United States, based in Glenmont, NY. It received its IRS tax-exemption ruling in December 2010, 16 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 May 2023, Our Ability Alliance Inc reported income of $53k and spending of $54k, spending 103% of its income. Across the 2 years on record, from May 2022 to May 2023, income fell from $75k to $53k (-30%), an average of -30% a year. The sharpest change came in the year to May 2023, when income dropped by 30%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Our Ability Alliance Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Loaves and Fishes of South Houston County ($53k), Vic Geary Drop in Center ($53k) and San Diego Lost Boys of Sudan Charitable Corporation ($53k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $24k, net assets of -$11k.