Abilities at Bartons Landing Inc

Analysis

Abilities at Bartons Landing Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Abilities at Bartons Landing Inc reported income of $141k and spending of $178k, spending 126% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $122k to $141k (+15%), an average of +4.9% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Abilities at Bartons Landing Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Russellville Heritage Apartments Inc ($141k), The Hope House for Women Inc ($141k) and Harold Court ($141k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $34k. At year end it held assets of $1.2m against liabilities of $1.9m, net assets of -$658k.

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.