Ability Tree Inc

Analysis

Ability Tree Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in June 2018, 8 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 December 2023, Ability Tree Inc reported income of $570k and spending of $2.6m, spending 450% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $570k (-63%), an average of -22% a year. The sharpest change came in the year to December 2020, when income dropped by 71%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ability Tree Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Pearl of Grace Ranch Inc ($570k), Wilkes Senior Resources ($570k) and Harrisville Childrens Center ($570k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. Other salaries and wages came to $320k. At year end it held assets of $305k against liabilities of $68k, net assets of $237k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.