Special Abilities of North Texas Inc

Analysis

Special Abilities of North Texas Inc is a registered charity in United States, based in Lewisville, TX. It received its IRS tax-exemption ruling in December 1993, 33 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 December 2023, Special Abilities of North Texas Inc reported income of $1.1m and spending of $996k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Special Abilities of North Texas Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Parsippany Child Day Care Center Inc ($1.1m), Reset to Success Foundation Inc ($1.1m) and Gathering of Southeast Wisconsin Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $160k (16% of expenses). At year end it held assets of $266k against liabilities of $198k, net assets of $68k. It reported 24 employees.