Abate of Indiana Inc

Analysis

Abate of Indiana Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Abate of Indiana Inc reported income of $1.1m and spending of $1.3m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-2.1%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 103% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Abate of Indiana Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Hopephl Community Development Corporation ($1.1m), Alpha Fire Company No 1 ($1.1m) and Fire Service Training Institute ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $299k (24% of expenses). Other salaries and wages came to $351k. At year end it held assets of $2.6m against liabilities of $667k, net assets of $1.9m. It reported 82 employees.