Action Based Enterprises Inc

Analysis

Action Based Enterprises Inc is a registered charity in United States, based in Woonsocket, RI. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Action Based Enterprises Inc reported income of $4.2m and spending of $3.6m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.2m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Action Based Enterprises Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within RI. Charities of a similar size with the same main cause include Great Lakes Bible College ($4.2m), Coastal Christian High School Inc ($4.2m) and Unthsc Foundation ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $1.5m against liabilities of $87k, net assets of $1.4m. It reported 52 employees.