Abilities at San Juan Inc

Analysis

Abilities at San Juan Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in June 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Abilities at San Juan Inc reported income of $108k and spending of $123k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $102k to $108k (+6.1%), an average of +2.0% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Abilities at San Juan Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include West Routt Housing Inc ($108k), Newport Inc ($108k) and Nassau Senior Housing Development Fund Company Inc ($108k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $470k against liabilities of $824k, net assets of -$354k.

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.