Abrahams Tent Association

Analysis

Abrahams Tent Association is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in February 1987, 39 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 July 2023, Abrahams Tent Association reported income of $466k and spending of $537k, spending 115% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $665k to $466k (-30%), an average of -8.5% a year. The sharpest change came in the year to July 2020, when income dropped by 20%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Abrahams Tent Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within LA. Charities of a similar size with the same main cause include Child Guidance Center of Southern CT Inc ($466k), Brazos Employment Enterprises ($466k) and Wild Oceans Inc ($466k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $191k. At year end it held assets of $2.4m against liabilities of $2,529, net assets of $2.4m. It reported 6 employees.