Be Able Inc

Analysis

Be Able Inc is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Be Able Inc reported income of $949k and spending of $316k, leaving 67% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $450k to $949k (+111%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 162%. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Be Able Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within KS. Charities of a similar size with the same main cause include Caribbean Ministries Association ($948k), Rivendell Institute Inc ($949k) and Institute for Global Opportunities Inc ($948k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $198k. At year end it held assets of $1.3m against liabilities of $364k, net assets of $920k. It reported 7 employees.