Abc Care Inc

Analysis

Abc Care Inc is a registered charity in United States, based in Finksburg, MD. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 July 2023, Abc Care Inc reported income of $3.0m and spending of $3.0m, spending 98% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.1m to $3.0m (+48%), an average of +10% a year. The sharpest change came in the year to July 2022, when income rose by 51%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Abc Care Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Center for Medical Simulation Inc ($3.0m), Joint Review Committee on Education in Radiologic Technology ($3.0m) and Edith & Henry Heuser Hearing Institute ($3.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 9.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $364k (12% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.0m against liabilities of $385k, net assets of $1.6m. It reported 97 employees.