Abigail Ministries

Analysis

Abigail Ministries is a registered charity in United States, based in Norwalk, OH. It received its IRS tax-exemption ruling in January 1990, 36 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, Abigail Ministries reported income of $426k and spending of $304k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $426k (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abigail Ministries sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Marion County Council on Aging ($426k), Central Coast Ag Network Inc ($426k) and Vaad Shadchunim ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $42k (14% of expenses). Other salaries and wages came to $153k. At year end it held assets of $1.0m against liabilities of $5,685, net assets of $1.0m. It reported 16 employees.