Abbas House

Analysis

Abbas House is a registered charity in United States, based in Riverton, WY. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Abbas House reported income of $250k and spending of $234k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $152k to $250k (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 82%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Abbas House sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within WY. Charities of a similar size with the same main cause include Simchas Esther Hachnosas Kallah Fund Inc ($250k), Broadwater Community Health Foundation Inc ($250k) and TR Uw William Wax Bo the HLTH SC Center at Brooklyn Foundation Inc ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Compensation of current officers, directors and key employees was $40k (17% of expenses). Other salaries and wages came to $86k. It paid $6,345 in professional fundraising fees. At year end it held assets of $421k against liabilities of $2,570, net assets of $419k. It reported 9 employees.