Inable Corp

Analysis

Inable Corp is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Inable Corp reported income of $538k and spending of $818k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $157k to $538k (+243%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 193%. Over the whole period it spent 123% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Inable Corp sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 45th percentile within DC. Charities of a similar size with the same main cause include Yeshivas Nachlas Bnei Shimon ($538k), Suu Foundation ($538k) and Mother Miracle ($537k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $12k (1.4% of expenses). At year end it held assets of $340k against liabilities of $142k, net assets of $198k. It reported 1 employees.