Friends of Abilities First Inc

Analysis

Friends of Abilities First Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in September 2011, 15 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, Friends of Abilities First Inc reported income of $128k and spending of $69k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $128k (+178%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Abilities First Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within MO. Charities of a similar size with the same main cause include Wheels on Deck Inc ($128k), Force for Excellence ($128k) and Pop Warner Little Scholars Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $231k against liabilities of $0, net assets of $231k.