Abbas House of Welcome
Analysis
Abbas House of Welcome is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in August 2017, 9 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, Abbas House of Welcome reported income of $140k and spending of $102k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $183k to $140k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 90% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abbas House of Welcome sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Mesquite Works Inc ($140k), Happy Homes Inc ($140k) and Khud Initiative Inc ($140k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $474k against liabilities of $10k, net assets of $464k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mesquite Works Inc | Mesquite | $140k |
| Happy Homes Inc | Summerville | $140k |
| Khud Initiative Inc | New York | $140k |
| Teens at Work Inc | Atlanta | $140k |