Able Center for Independent Living

Analysis

Able Center for Independent Living is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in August 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 September 2023, Able Center for Independent Living reported income of $625k and spending of $649k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $518k to $625k (+21%), an average of +4.8% a year. The sharpest change came in the year to September 2022, when income rose by 23%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Able Center for Independent Living sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Palos Verdes Resale ($625k), Kamman Adult Foster Care Inc ($625k) and Trinity Thrift ($625k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $87k (13% of expenses). Other salaries and wages came to $143k. At year end it held assets of $188k against liabilities of $5,663, net assets of $183k. It reported 4 employees.