New Ability Health Center Incorporated

Analysis

New Ability Health Center Incorporated is a registered charity in United States, based in Missouri City, TX. It received its IRS tax-exemption ruling in July 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Ability Health Center Incorporated reported income of $263k and spending of $263k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $186k to $263k (+41%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, New Ability Health Center Incorporated 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 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Paradise Community House Inc ($262k), Americare Ministry Partners Inc ($263k) and Gerald S and Miriam M Friedkin Supporting Foundation ($262k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Other salaries and wages came to $70k. At year end it held assets of $185k against liabilities of $16k, net assets of $169k. It reported 5 employees.