Abel Speaks

Analysis

Abel Speaks is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Abel Speaks reported income of $940k and spending of $1.2m, spending 126% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $373k to $940k (+152%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Abel Speaks sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Developmental and Disability Services of Lebanon Valley ($940k), Coastal Psychiatric Center Inc ($940k) and Washington Academy of General Dentistry ($940k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $199k (17% of expenses). Other salaries and wages came to $271k. At year end it held assets of $196k against liabilities of $23k, net assets of $172k. It reported 9 employees.