Abilitylinks

Analysis

Abilitylinks is a registered charity in United States, based in Lombard, IL. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Abilitylinks reported income of $101k and spending of $121k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $101k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 117% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Abilitylinks sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Kingdom Life Ministries Community Development Corporation ($101k), Bethesda Community Development Corporation ($101k) and Daviess County Partnership Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.