Able to Serve Inc

Analysis

Able to Serve Inc is a registered charity in United States, based in Garner, NC. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, 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 December 2023, Able to Serve Inc reported income of $774k and spending of $651k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $505k to $774k (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Able to Serve Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Cindis Hope Inc ($774k), Hospice of Eastern Idaho Inc ($774k) and The Degen Foundation ($774k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $82k (13% of expenses). Other salaries and wages came to $353k. At year end it held assets of $1.1m against liabilities of $5,589, net assets of $1.1m. It reported 14 employees.