Abide Collective

Analysis

Abide Collective is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in October 2018, 8 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 March 2023, Abide Collective reported income of $229k and spending of $188k, spending 82% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $204k to $229k (+12%), an average of +3.9% a year. The sharpest change came in the year to March 2023, when income rose by 38%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Abide Collective sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within AR. Charities of a similar size with the same main cause include Kids and Dreams Foundation Inc ($229k), Munich Grocery ($229k) and Shiloh Development Corporation ($229k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $81k. At year end it held assets of $216k against liabilities of $83k, net assets of $133k. It reported 2 employees.