Adult Training & Habilitation Center Inc

Analysis

Adult Training & Habilitation Center Inc is a registered charity in United States, based in Winsted, MN. It received its IRS tax-exemption ruling in August 1966, 60 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Adult Training & Habilitation Center Inc reported income of $2.1m and spending of $2.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.1m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Adult Training & Habilitation Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Southwest Arkansas Planning & ($2.1m), 2nd Call ($2.1m) and Hope Community Builders ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $65k (3.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.4m against liabilities of $288k, net assets of $1.1m. It reported 109 employees.