Able Incorporated

Analysis

Able Incorporated is a registered charity in United States, based in Dickinson, ND. It received its IRS tax-exemption ruling in May 1985, 41 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 June 2024, Able Incorporated reported income of $16.7m and spending of $14.6m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $14.8m to $16.7m (+12%), an average of +3.0% a year. 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, Able Incorporated sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within ND. Charities of a similar size with the same main cause include Village Northwest Unlimited ($16.7m), Phoenix Houses of California Inc ($16.7m) and Challenged Athletes Inc ($16.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $290k (2.0% of expenses). At year end it held assets of $33.3m against liabilities of $14.5m, net assets of $18.8m. It reported 338 employees.