Absaroka Inc

Analysis

Absaroka Inc is a registered charity in United States, based in Worland, WY. It received its IRS tax-exemption ruling in November 1978, 48 years ago. 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 August 2023, Absaroka Inc reported income of $5.6m and spending of $5.5m, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.4m to $5.6m (+28%), an average of +6.4% a year. The sharpest change came in the year to August 2021, when income rose by 60%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Absaroka Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 96th percentile within WY. Charities of a similar size with the same main cause include Pajaro Valley Prevention and Student Assistance Inc ($5.6m), Holy Name Ems ($5.6m) and Boys & Girls Clubs of the Ocoee Region ($5.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $148k (2.7% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $3.7m against liabilities of $495k, net assets of $3.2m. It reported 101 employees.