Abiding Spirit Center Inc

Analysis

Abiding Spirit Center Inc is a registered charity in United States, based in Crystal Lake, IL. It received its IRS tax-exemption ruling in November 2013, 13 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, Abiding Spirit Center Inc reported income of $74k and spending of $79k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $85k to $74k (-13%), an average of -6.5% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abiding Spirit Center Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include Grace House Ministries Inc ($74k), Trinity Second Century Foundation ($74k) and Friends of the Fair a Colorado Non-Profit Corporation ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.