A B L E Families Inc

Analysis

A B L E Families Inc is a registered charity in United States, based in Kermit, WV. 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), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, A B L E Families Inc reported income of $526k and spending of $575k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $280k to $526k (+88%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 61%. 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, A B L E Families Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within WV. Charities of a similar size with the same main cause include Great Plains Diabetes Research Inc ($526k), Mke Air & Water Show Inc ($526k) and Sead Project ($526k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $41k (7.2% of expenses). Other salaries and wages came to $293k. At year end it held assets of $559k against liabilities of $70k, net assets of $489k. It reported 18 employees.