Abilities Movement Inc

Analysis

Abilities Movement Inc is a registered charity in United States, based in Lima, NY. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, Abilities Movement Inc reported income of $334k and spending of $332k, spending 99% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $276k to $334k (+21%), an average of +21% a year. The sharpest change came in the year to August 2023, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Abilities Movement Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include East of River Boys and Girls Steelband Inc ($334k), Spot 31 ($335k) and Aftershcool America ($334k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $64k (19% of expenses). Other salaries and wages came to $161k. At year end it held assets of $73k against liabilities of $11k, net assets of $62k. It reported 7 employees.