Abraham in Motion Inc

Analysis

Abraham in Motion Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2019, 7 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, Abraham in Motion Inc reported income of $2.1m and spending of $2.2m, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $2.1m to $2.1m (-1.0%), an average of -0.5% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abraham in Motion Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Gwinnett Childrens Shelter Inc ($2.1m), Appalachian Youth Service Inc ($2.1m) and The City Lights Foundation of Oklahoma ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $189k (8.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.3m against liabilities of $115k, net assets of $2.1m. It reported 30 employees.