Abundant Life of Perrysburg Inc

Analysis

Abundant Life of Perrysburg Inc is a registered charity in United States, based in Perrysburg, OH. It received its IRS tax-exemption ruling in November 1975, 51 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 July 2023, Abundant Life of Perrysburg Inc reported income of $907k and spending of $984k, spending 108% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $786k to $907k (+15%), an average of +3.6% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Abundant Life of Perrysburg Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Prairie Pines ($906k), Las Cruces Gospel Rescue Mission Inc ($908k) and Iladd ($906k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Other salaries and wages came to $176k. At year end it held assets of $2.1m against liabilities of $1.3m, net assets of $842k. It reported 5 employees.