Unlimited Abilities

Analysis

Unlimited Abilities is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, 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, Unlimited Abilities reported income of $1.6m and spending of $1.7m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $455k to $1.6m (+258%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 200%. 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, Unlimited Abilities sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Breast Cancer Resource Center ($1.6m), Idaho Immunization Coalition ($1.6m) and Beginnings for Parents of Children Who Are Deaf or Hard of Hearing ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $128k (7.5% of expenses). Other salaries and wages came to $940k. At year end it held assets of $1.5m against liabilities of $1.3m, net assets of $180k. It reported 37 employees.