Abbeyfest Ministries Inc

Analysis

Abbeyfest Ministries Inc is a registered charity in United States, based in Paoli, PA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Abbeyfest Ministries Inc reported income of $256k and spending of $258k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $203k to $256k (+26%), an average of +12% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Abbeyfest Ministries Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Parents Available to Help Inc ($256k), Bartell Road Housing Development Fund Co Inc ($256k) and Owen County Preservations Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 34% of the total. At year end it held assets of $9,090 against liabilities of $10, net assets of $9,080.