Abilities Unlimited of Fort Smith Inc

Analysis

Abilities Unlimited of Fort Smith Inc is a registered charity in United States, based in Van Buren, AR. It received its IRS tax-exemption ruling in October 1964, 62 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 June 2023, Abilities Unlimited of Fort Smith Inc reported income of $2.0m and spending of $1.9m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.0m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abilities Unlimited of Fort Smith Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include Northwest Agriculture Business Center ($2.0m), Abused Deaf Womens Advocacy Services ($2.0m) and Kkottongnae Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.0% and program service revenue 92% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.3m against liabilities of $1.5m, net assets of $784k. It reported 118 employees.