Habilitation and Training Services Inc

Analysis

Habilitation and Training Services Inc is a registered charity in United States, based in Gallatin, TN. It received its IRS tax-exemption ruling in June 1979, 47 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 2024, Habilitation and Training Services Inc reported income of $6.2m and spending of $6.1m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $5.1m to $6.2m (+22%), an average of +4.0% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Habilitation and Training Services Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Winter Park Recreational Association ($6.2m), Interfaith Neighbors Inc ($6.2m) and A-1 Universal Care Inc ($6.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $88k (1.4% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $4.4m against liabilities of $335k, net assets of $4.1m. It reported 129 employees.