Ability Connection Texas

Analysis

Ability Connection Texas is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in March 1956, 70 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Ability Connection Texas reported income of $12.5m and spending of $14.5m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $12.5m (+141%), an average of +25% a year. The sharpest change came in the year to June 2020, when income rose by 91%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ability Connection Texas sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Beechwood Home ($12.5m), Chi Health Connect at Home - Fargo ($12.5m) and Community Health Centers of Greater Dayton ($12.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $158k (1.1% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $9.4m against liabilities of $6.2m, net assets of $3.2m. It reported 183 employees.