Abundant Life Care

Analysis

Abundant Life Care is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in August 2002, 24 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 June 2023, Abundant Life Care reported income of $91k and spending of $62k, leaving 32% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $76k to $91k (+21%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abundant Life Care sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Li Greenmarket Inc ($91k), After the Rain of SW Florida Inc ($91k) and Dress a Child for School ($91k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $22, net assets of $31k.