Abc Institute Inc

Analysis

Abc Institute Inc is a registered charity in United States, based in Coconut Creek, FL. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Abc Institute Inc reported income of $2.5m and spending of $2.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.5m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Abc Institute Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Global Liver Institute Inc ($2.5m), Explore Academy Las Vegas ($2.5m) and Josephine County Educational Fund Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $636k. At year end it held assets of $1.1m against liabilities of $171k, net assets of $974k.