Abc-123 Human Resources Inc

Analysis

Abc-123 Human Resources Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 1987, 39 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, Abc-123 Human Resources Inc reported income of $244k and spending of $208k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $118k to $244k (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abc-123 Human Resources Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Love Helps ($244k), Mission Righteous Roots ($244k) and Detour Company Theater Inc ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $19k (9.2% of expenses). Other salaries and wages came to $46k. At year end it held assets of $199k against liabilities of $57k, net assets of $142k. It reported 6 employees.