Accrediting Bureau of Health Education Schools Inc

Analysis

Accrediting Bureau of Health Education Schools Inc is a registered charity in United States, based in N Bethesda, MD. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Accrediting Bureau of Health Education Schools Inc reported income of $6.4m and spending of $5.0m, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.9m to $6.4m (+8.3%), an average of +2.0% a year. The sharpest change came in the year to September 2023, when income rose by 26%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Accrediting Bureau of Health Education Schools Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Forefront Living ($6.4m), Avant Garde Academy Inc ($6.4m) and Mikvah USA Inc ($6.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.3% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $443k (8.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $18.7m against liabilities of $1.8m, net assets of $16.8m. It reported 23 employees.