Diverse Ability Incorporated

Analysis

Diverse Ability Incorporated is a registered charity in United States, based in Phoenix, AZ. 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 September 2023, Diverse Ability Incorporated reported income of $704k and spending of $690k, spending 98% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $250k to $704k (+182%), an average of +41% a year. The sharpest change came in the year to September 2022, when income rose by 147%. 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, Diverse Ability Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AZ. Charities of a similar size with the same main cause include Urban League of Kansas Inc ($704k), Dreampower Foundation Inc ($704k) and Refuge House San Antonio Inc ($704k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $83k (12% of expenses). Other salaries and wages came to $261k. At year end it held assets of $205k against liabilities of $21k, net assets of $184k. It reported 7 employees.