Abundant Life Community Services Inc

Analysis

Abundant Life Community Services Inc is a registered charity in United States, based in New Bern, NC. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Abundant Life Community Services Inc reported income of $51k and spending of $22k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $51k (+7.1%), an average of +7.1% a year. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abundant Life Community Services Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Pro-Life Champions ($51k), Independence 1st Owner Corp ($51k) and Janet C Clark Memorial Home Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $57k against liabilities of $1,288, net assets of $55k.